Gerstman Group hires director of e-commerce sales
Garden City, N.Y. Garden City, N.Y.-based Gerstman Group hired Steve White as director of e-commerce sales. In his new post, White will be responsible for driving the sales of products from manufacturers represented by Gerstman Group, a retail sales and service firm, into the dot-com channel.
According to Gerstman, electronic commerce represented a $135 billion marketplace in 2009.
White most recently ran his own e-commerce sales agency, representing manufacturers in the home channel industry to both Internet-only and brick-and-mortar retailer websites. Prior to establishing his agency, he was president and partner for over 18 years at Triple-S Marketing Group, a company that provided sales and service to national and regional home center retailers.
Bernardo Hees named Burger King CEO
New York City 3G Capital said Thursday Bernardo Hees will lead Burger King Holdings as CEO upon completion of the firm’s pending acquisition of Burger King.
Hees was most recently CEO of America Latina Logistica, Latin America’s largest railroad and logistics company.
Burger King’s current chairman and CEO John Chidsey will remain in his current capacity until the close of the transaction, at which time he will assume a newly created position of co-chairman of the board.
Alex Behring, managing partner of 3G Capital, will be appointed co-chairman of the board, alongside Chidsey.
The transaction is expected to close in fourth quarter 2010.
On Sept. 2, 3G Capital and Burger King announced a definitive merger agreement under which affiliates of 3G Capital would acquire all of the stock of Burger King for $4 billion.
Wal-Mart creates four core merchandising areas
New York City Wal-Mart Stores will remain without a chief merchandising officer for its U.S. stores for the time being. Instead, the chain has named four new product heads to take over that responsibility, according to a Reuters report.
In a Sept. 3 memo to employees, Bill Simon, chief executive of the U.S. division, outlined four merchandising areas — general merchandise and replenishment; food; softlines; and a group that includes consumables, health and wellness and walmart.com — to be led by “seasoned merchants.”
Wal-Mart’s previous head of merchandising was John Fleming, who left the company as of Aug. 1.