GENCO Announces Appointment of Parcel Solutions VP
GENCO Supply Chain Solutions, North America’s second largest and a Global Top 50 third-party logistics provider, announced the appointment of Michael Ryan as VP of Parcel Negotiation & Audits. Ryan is based in Chicago and responsible for developing new business in the areas of parcel management, negotiation and audit solutions throughout the Midwest.
Ryan comes to GENCO Supply Chain Solutions with 25 years of transportation experience. His most recent role as chief account officer for Velocity Express, a leading provider of regional shipping solutions, included revenue responsibility of $250 million and management of seven account directors.
Prior to joining Velocity Express, Ryan spent 23 years with DHL Worldwide Express where he served in various positions, including director of national accounts. As director of national accounts, he created the largest sales pipeline in national accounts west estimate at $290 million and was responsible for nine account managers, four account executives, bids and margin improvement initiatives and revenue/profitability goals.
Sally Beauty’s CFO Resigns
Denton, Texas Sally Beauty Holdings announced Tuesday that senior VP and CFO David L. Rea has resigned, effective April 11. Rea, who is leaving to spend more time with his family and to pursue other interests, has agreed to continue serving the specialty retailer in a consulting role for approximately three months following his termination date.
Mark Flaherty, Sally’s current chief accounting officer and controller, will serve as acting CFO as the company conducts a search of both internal and external candidates. Prior to joining Sally, Flaherty was the CFO of Tandy Brands Accessories.
Marks & Spencer CEO to Become Exec Chair
London Marks & Spencer Group PLC will promote CEO Stuart Rose to the role of executive chairman. He is expected to hold this post for three years.
Rose will succeed Chairman Terry Burns, who will step down as of June 1. The announcement caused a negative reaction from shareholders as the decision reportedly did not take into account the views of the company’s investors, according to a report from Thomson Investment Management News.