Former Gap VP named CEO of David’s Bridal
Conshohocken, Pa. — David’s Bridal has named Pamela B. Wallack as CEO, effective May 28. She joins David’s Bridal from Gap Inc., where she has held senior positions since 2005.
Wallack was the president of Gap Adult, Body and Accessories from 2010 to 2011 and the president of Gap Kids and Baby from 2005 to 2010. In 2011, she was tapped to establish and lead the Gap Global Creative Center, responsible for global design, marketing and production
“Pam, whom I know from my days at the Gap and before that at Disney, brings extraordinary strategic, branding and merchandizing capabilities that will complement our talented leadership team as we work to increase our sophistication and effectiveness in serving our customers at a critical juncture in their lives,” said Paul S. Pressler, former Gap CEO and now chairman of David’s Bridal, and Clayton, Dubilier & Rice Partner.(A fund-managed by Clayton, Dubilier & Rice, a private investment firm, acquired David’s Bridal in October 2012.)
Prior to Gap, Wallack spent seven years at Toys “R” Us, Inc. where she was responsible for product development, production and merchandising for the Babies “R” Us/ Toys “R” Us juvenile and apparel line. Wallack has also spent time at other retail brands including Coach, The Disney Store and Laura Ashley.
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RadioShack faces OT lawsuit
Fort Worth — A former store manager is suing RadioShack Corp. with claims the chain has been failing to pay overtime wages for the past three years. Bloomberg reports that David Verderame filed suit in Philadelphia seeking at least $5.8 million in unpaid overtime wages for all Pennsylvania RadioShack employees. On Thursday, RadioShack had the suit moved to U.S. District Court due to the size of the alleged damages.
Verderame accuses RadioShack of using overtime calculations that violated Pennsylvania’s minimum wage law and only gave employees half of the overtime pay they were entitled to.
Dunkin’ Brands shuffles board
Canton, Mass. – Dunkin’ Brands Group Inc., parent company of Dunkin’ Donuts and Baskin Robbins, has named current CEO Nigel Travis, 63, as chairman of the board of directors. Board member Raul Alvarez, 57, has been appointed lead independent director of the board. These changes come as Jon Luther, 69, prepares to retire as director and chairman of the board effective May 15.
Travis was named CEO in January 2009 while Luther joined Dunkin’ Brands as CEO in January 2003 and was named chairman of the board in 2006. Alvarez is former COO and president of McDonald’s Corporation and joined the Dunkin’ Brands board in May of last year.
"All of us at Dunkin’ Brands owe Jon Luther a tremendous debt of gratitude for his leadership and his vision," said Travis. "Thanks in large part to his efforts, Dunkin’ Donuts and Baskin-Robbins are world-class brands and are well positioned for growth. On behalf of our employees and franchisees from around the world, I wish Jon and his family the very best in the years ahead."
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