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Ford Motor Co. executive to deliver keynote address at annual CEA show

BY CSA STAFF

NEW YORK The Consumer Electronics Association announced that the president and chief executive officer of Ford Motor Co., Alan Mulally, will deliver the opening keynote address at the 2010 International CES.

The world’s largest consumer technology tradeshow will take place January 7-10, 2010, in Las Vegas, Nevada.

“Alan Mulally has positioned Ford as a leading innovator in the automotive industry, and we are pleased to welcome him back to CES,” said Gary Shapiro, president and CEO, CEA. “For the auto industry and all other businesses that use technology, CES is the single must-attend event where business gets done.”

In addition to the Ford keynote stage, the 2010 CES will prominently feature the latest in-vehicle technologies including advancements in portable GPS, location based services, in-car video, wireless technology and integrated products for combining entertainment with navigation and security. Sales of in-vehicle technology are expected to top $9.3 billion in 2009.

Some of CES’ major in-vehicle electronics exhibitors include: AT&T CruiseCast by RaySat Broadcasting Corp, Directed Electronics, Dual Electronics Corporation, InstallerNet Inc., Kenwood USA, Kia Motors, Metra, Mitek, Pioneer and Scosche.

For more information and to register for the 2010 International CES, please visit www.CE.org.

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7-Eleven names logistics VP

BY CSA STAFF

Dallas 7-Eleven said Friday it has appointed Bill Merrigan to serve as VP logistics.

Merrigan, who was most recently VP global supply chain for International Paper in Tennessee, will report to Kevin Elliott, 7-Eleven’s senior VP merchandising, marketing and logistics.

Merrigan will lead 7-Eleven stores’ logistics operations, which includes managing its wholesaler relationships, direct-store product deliveries and the company’s exclusive combined distribution center network.

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Fameco creates distressed asset group

BY CSA STAFF

Plymouth Meeting, Pa. Fameco Real Estate said Friday it has formed the Fameco Distressed Asset Group, focused on providing targeted brokerage and management services to owners of challenged retail properties.

According to Fameco, the new group will assist in repositioning, workouts, valuations and stabilization/maximization strategies for underperforming and/or distressed retail real estate assets and will offer its property management and third-party leasing to institutional clients and explore receivership opportunities.

Jonathan Rome, Fameco’s general counsel, will spearhead the effort.

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