H-E-B names president
San Antonio H.E. Butt Grocery Co. appointed its chief strategic officer to serve as company president, while current lead Bob Loeffler retires.
Craig Boyan has been named H-E-B president and COO. Loeffler, who’s led the company for the last seven years, will retire, but first volunteered to cover chief administrative duties for at least two years.
Boyan, who joined the company in 2005, previously worked as a consultant to the grocer, which also runs Central Markets. Then, he was a partner with the Monitor Group.
Meanwhile, H-E-B CFO Martin Otto has also added chief merchant to his title, which was previously held by Steve Harper, who will continue as a consultant. Otto has been with the company since 1991.
Johnny Rockets appoints store development executive
Lake Forest, Calif. Johnny Rockets announced the appointment of Carl Arena as senior VP development, continuing its aggressive growth plan.
Arena will work closely with new CEO John Fuller and the heads of international and domestic franchising, to develop strategic growth plans for the global restaurant chain.
Arena will oversee the development team and spearhead all real estate projects, from scouting new locations to managing the launch of store openings. Johnny Rockets is expected to launch an additional 30 to 40 franchise locations this year, including three new concepts: sports lounges, mobile kitchens and its new FAST! model.
Arena previously served as director of real estate development for Catalina Restaurant Group in Carlsbad, Calif., where he was responsible for new store development and asset management for the Coco’s and Carrows restaurant chains.
Rite Aid names new CEO
Chicago Rite Aid on Thursday announced that John Standley will be promoted to the position of president and CEO effective June 24 at the company’s annual stockholder meeting. Mary Sammons, currently Rite Aid chairman and CEO, will remain as chairman.
Standley’s promotion is part of the company’s executive succession plan and was approved Thursday at a regularly scheduled meeting of Rite Aid’s board of directors. Sammons, 63, will remain Rite Aid’s chairman until the company’s annual meeting in June 2012. Sammons said she intends to be an active chairman, continuing to represent the company in industry and government affairs, as well as assist as needed with strategic initiatives.
Standley, 46, returned to Rite Aid in September 2008 as president and COO after leaving in August 2005 to become CEO and board director of Pathmark Stores, where he was credited for engineering a second turnaround, the first being Rite Aid during his first tour there. He originally joined Rite Aid in December 1999 as executive VP and CFO, part of a new executive management team that also included Sammons.