FINANCE

Guess COO and CFO resign

BY Katherine Boccaccio

Los Angeles — Guess said Thursday that its COO J. Michael Prince and CFO Dennis Secor both have resigned the company to pursue other interests.

Prince’s departure is effective Nov. 26 and Secor will stay until Dec. 7.

The company said it does not have any immediate plans to replace the COO position and will realign these responsibilities among various senior executives. Michael Relich, executive VP and CIO, will assume additional operational responsibilities, including logistics.

Nigel Kershaw, VP finance & accounting, will assume the role of interim CFO.

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P.Lopez says:
Apr-02-2013 09:46 pm

ChatRandom
Now that the technology has advanced, and more colors are available, including white, prices have dropped, and usability has dramatically increased. ChatRandom

P.Lopez says:
Apr-02-2013 09:46 pm

Now that the technology has advanced, and more colors are available, including white, prices have dropped, and usability has dramatically increased. ChatRandom

S.May Moneva says:
Mar-15-2013 02:37 am

People come and go. We cannot
People come and go. We cannot force them not to leave because things happen for a reason. That's why we need to be ready at all times. Right now I buy guaranteed fans but perhaps maybe next month they just gone with the wind. That's why I'm learning on how to get guaranteed fans. Anyways I wish all the best the company. I hope you can find better than Michael Prince and Dennis Secor. Good Luck and God Speed.

S.May Moneva says:
Mar-15-2013 02:37 am

People come and go. We cannot force them not to leave because things happen for a reason. That's why we need to be ready at all times. Right now I buy guaranteed fans but perhaps maybe next month they just gone with the wind. That's why I'm learning on how to get guaranteed fans. Anyways I wish all the best the company. I hope you can find better than Michael Prince and Dennis Secor. Good Luck and God Speed.

B.Evans says:
Nov-27-2012 05:34 pm

Sounds like a couple of great
Sounds like a couple of great jobs to pass up. I wonder if they are in need of a vacation and maybe will use a alquiler de limusinas madrid or find a restaurante con espectáculo to relax.

B.Evans says:
Nov-27-2012 05:34 pm

Sounds like a couple of great jobs to pass up. I wonder if they are in need of a vacation and maybe will use a alquiler de limusinas madrid or find a restaurante con espectáculo to relax.

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OPERATIONS

Sheetz transitions senior leadership

BY Katherine Boccaccio

Altoona, Pa. — C-store chain Sheetz announced Friday that Joe Sheetz will assume the role of president and CEO, and current president and CEO Stan Sheetz will become chairman of the board, effective October 2013.

Joe Sheetz is currently executive VP finance and store development.

Steve Sheetz, will leave his chairman seat to fill a newly created position of Family Council Chairman, allowing him to represent the Sheetz family shareholders in company-related issues, while remaining as chairman of CLI Transport, Sheetz dedicated fuel carrier.

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REAL ESTATE

Sears Canada unveils renovation of four stores

BY Katherine Boccaccio

Toronto — Sears Canada said Friday it has unveiled four refreshed store concepts in Ontario, and Quebec, each featuring additional brands and product displays.

The Kitchen Shop now features small appliances organized by type and major appliances are displayed in gallery settings. A number of departments, including mattresses and footwear, have deepened product offerings and enhanced the merchandising of the lines.

“Our goal is to create a stage for product and to make it easy and enjoyable for our customers to shop,” said Calvin McDonald, president and CEO, Sears Canada.

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