OPERATIONS

Gap Says Job-Applicant Data Stolen

BY CSA STAFF

San Francisco, Gap Inc. said Friday a laptop containing personal information of about 800,000 job applicants, including Social Security numbers, was stolen from a vendor’s office, according to the Associated Press.

The stolen laptop contained personal data for people who applied online or by phone for jobs at Old Navy, Banana Republic, Gap and Outlet stores between July 2006 and June 2007 in the United States, Puerto Rico and Canada. The computer did not contain Canadian applicants’ Social Insurance numbers, the report said.

The vendor, which a Gap spokeswoman declined to identify, failed to encrypt the personal data, though that was part of Gap’s agreement with it.

Gap said it has no reason to believe the applicants’ data were the target of the theft or that the information has been accessed or used improperly. Since the company uses more than one vendor to manage job-applicant data, not all of those who applied for work during the time frame are affected, according to the report.

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OPERATIONS

Saks Names VP/Treasurer

BY CSA STAFF

New York City, Saks, Inc., announced Thursday that Michael Vincent will assume the position of VP and Treasurer on Oct. 1.

Vincent joined Saks last February as assistant treasurer. Prior to joining the company, he held treasury and financial roles with various companies, including WHX Corp/Handy & Harman, the parent corporation of a group of materials engineering and specialty manufacturing companies, the Health Insurance Plan of Greater New York, and Citigroup.

Vincent will be based in New York City and will report to Kevin Wills, executive VP and CFO.

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OPERATIONS

Best Buy to Seek New CFO

BY CSA STAFF

Minneapolis, Best Buy Co. announced late Wednesday that CFO Darren Jackson will be replaced as he moves to a customer-operations role.

Darren Jackson, 42, who has been CFO for seven years, will become executive VP of customer operations. The CFO of Best Buy’s U.S. operations, Jim Muehlbauer, 45, will be his interim replacement as an executive-search firm conducts a replacement search.

According to a statement issued by Best Buy president and CEO Brian Dunn, the change is meant to “drive growth by better meeting the needs of the unique customer groups.”

As part of the management shift, Kal Patel, 43, formerly executive VP of strategy and international business, will take on Jackson’s responsibility for portions of Best Buy’s emerging business unit, which Jackson headed.

David Berg, 46, COO of Best Buy International, will become senior VP of international strategy and corporate development. Kevin Layden, 47, president and COO of Best Buy Canada, is replacing Berg as COO Best Buy International. Best Buy Canada senior VP Mike Pratt, 40, will take over Layden’s role as president of the division.

Tim McGeehan, 40, executive VP of retail sales, will take over a new enterprise role overseeing Best Buy’s wireless business. Shari Ballard, 41, will become executive VP of retail channel management, Best Buy said. Ballard will continue to oversee U.S. Web sites and customer care, but no longer oversee the human resources and legal teams.

The retailer also said it hired Rebecca Wanta as CIO for North America. Most recently, Wanta was the global chief technology officer for PepsiCo Inc.

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