Home Depot Board Member Resigns
Atlanta Ex-Albertson’s CEO Lawrence Johnston has resigned from the board of directors of The Home Depot, the company announced Tuesday.
A member of the board since 2004, Johnston told the home improvement chain that he was resigning due to increasing demands on his time, Home Depot said in a Securities and Exchange Commission filing.
AutoZone names new cio, chief merchant
MEMPHIS, Tenn. AutoZone today announced that, effective immediately, Jon Bascom, vp of Information Technology, has been promoted to senior vp of Information Technology and cio. Additionally, Mark Finestone, vp of merchandising, has been promoted to senior vp of merchandising, effective immediately.
“With these promotions, we continue to strengthen our senior leadership team with seasoned and accomplished AutoZoners,” said Bill Rhodes, chairman, president and ceo. “Jon and Mark have proven leadership abilities and their experiences will serve this company at a very high level for many years to come.”
The company also announced Ken Brame, vp of Information Technology and cio will retire from the company effective Jan. 11, 2008.
Report: Mason not take helm at Tesco, job to go to younger candidate
LONDON Tim Mason, ceo of Tesco’s Fresh & Easy stores in the United States, is not looking to succeed Sir Terry Leahy as head of Tesco, according to reports.
As reported by the Financial Times, Mason said in a visit to some of the Fresh & Easy stores that he would not being following in Leahy’s footsteps and that the position would go to a younger candidate. Mason is 50 years old.
Among the officers vying for the top spot are Phil Clarke (47), international director, and Richard Brasher (45), trading director, both want the top job, the Times reported. However, they may be passed over for younger executives.