OPERATIONS

Home Depot receives EPA water award

BY Dan Berthiaume

Atlanta – The U.S. Environmental Protection Agency has recognized The Home Depot with a 2013 WaterSense Retail Partner of the Year award. The Home Depot was honored during the WaterSmart Innovations Conference for its commitment to water efficiency and outstanding efforts to support the WaterSense program during 2012.

“The Home Depot is committed to conducting business in an environmentally responsible manner through its stores and suppliers,” said Ron Jarvis, VP environmental, The Home Depot. “We are honored to win the WaterSense Partner of the Year Award for 2013. The Home Depot was the first major retailer to sell only WaterSense-labeled lavatory faucets, and we now sell WaterSense-labeled products in our nearly 2,000 retail locations across the United States."

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Men’s Wearhouse appoints Vitamin Shopper director to board

BY Dan Berthiaume

Fremont, Calif. – The Men’s Wearhouse has appointed B. Michael Becker to its board of directors. Becker has served as a director at Vitamin Shoppe, Inc. since January 2008 and is chairman of its audit committee.

Becker spent his career as an audit partner for Ernst & Young LLP from 1979 until his retirement in 2006. He was a senior consultant on airline risks to Pay Pal, Inc. from August 2008 to November 2009.

“I’m pleased to welcome Michael to the board,” said Doug Ewert, president and CEO of Men’s Wearhouse. “He brings extensive accounting experience in our industry, highlighted by years in public accounting as well as his service as a current board member and Audit Committee chairman at Vitamin Shoppe, Inc.”

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Penney names Saks CEO Stephen Sadove to board

BY Marianne Wilson

Plano, Texas — J.C. Penney Co. announced that departing Saks Inc. CEO and chairman Stephen Sadove has been elected to its board of directors.

Sadove’s election is effective upon his leaving Saks, which will occur once the acquisition of the upscale department store by Hudson’s Bay Company is completed, which is expected by the end of the year.

Sadove is a highly regarded industry veteran. He is the current chairman of the National Retail Federation.

Penney also announced that Geraldine Laybourne is stepping down from the board to focus more time as chairman of Kandu, a startup tech company for kids.

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