OPERATIONS

Hot Topic Names COO

BY CSA STAFF

San Francisco Hot Topic Inc. on Monday named Jerry Cook COO of the company and Michael Crooke as president of the Hot Topic division.

Cook will continue to oversee operational support functions for Hot Topic while Crooke will be responsible for the Hot Topic brand, including music, merchandising, and marketing.

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OPERATIONS

Ahold names new CEO

BY CSA STAFF

Amsterdam, Holland Royal Ahold NV, the Dutch owner of Stop & Shop supermarkets in the United States, said Thursday it has named Dick Boer as CEO.

Boer replaces current chief John Rishton, who is leaving to become head of Rolls-Royce Group Plc.

Currently Ahold’s COO for Europe, Boer will transition into the position in March 2011. He joined Ahold in 1998 as head of the company’s operations in the Czech Republic. He became CEO of its Albert Heijn grocery stores, the biggest chain in the Netherlands, in 2000.

Boer will be succeeded in his current job by Sander van der Laan, who runs Albert Heijn. Carl Schlicker, currently head of Ahold’s U.S. retail operations, has been appointed COO of the United States, succeeding Larry Benjamin, who will retire in early 2011.

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Walgreens now in 50 states; makes exec changes

BY CSA STAFF

Deerfield, Ill. Walgreens’ foray into Alaska became official Sunday with the grand opening of its new store in Wasilla. The event also marks the company’s presence in all 50 states.

The Wasilla store, along with two Anchorage locations that will open in August, includes products from local vendors, ranging from coffee and moose nuggets to ulus and fishing supplies, according to a company press release. All three Walgreens Alaska stores opening this summer will offer drive-through pharmacies, as well as heated sidewalks, heated parking spaces for people with disabilities and heated aprons around the front doors.

“With an aging population and baby boomers in their 60s, Alaska’s demand for pharmacy services is growing every year,” said Bruce Philipp, Walgreens district manager for Alaska. “We’ll help meet that need with services that aren’t currently offered in the state, such as 24-hour prescription service and drive-through pharmacies that are especially helpful to the elderly, parents of small children and people who have their pet in the car with them. We even can provide medications for your pets to make caring for them easier, too.”

In other news: Walgreens said late Friday it has promoted several key executives in finance, corporate strategy and other areas, and completed the overhaul of its merchandising management team by hiring Wal-Mart veteran Steve Broughton to oversee the consumables category.

The promotions involve Wade Miquelon, elevated to executive VP and CFO; and John Spina, named corporate VP retail integration and new format development. Both promotions were effective July 1.

Miquelon, 44, is a relative newcomer to the 6,902-store drug chain and health services giant. He joined Walgreens as senior VP and CFO in June 2008, and will continue to oversee accounting, tax and treasury functions, including investor relations.

“In the short time he’s been with Walgreens, Wade has delivered tremendous value while bringing effective change that’s showing results,” said Walgreens president and CEO Greg Wasson. “We’re pleased to recognize his work and the value he brings to the leadership team.”

Prior to Walgreens, Miquelon was executive VP and CFO for Springdale, Ark.-based Tyson Foods. He also spent 16 years with Proctor & Gamble, the world’s largest consumer goods product company.

Spina, 50, is a 30-year Walgreens veteran who spent 28 years in store operations and last served as VP and treasurer. In his new role, he is charged with “bringing a more focused approach to how Walgreens integrates new businesses,” the company noted Friday. In line with the company’s “Customer-Centric Retailing” initiative, Spina also will work to develop new store formats and increase performance from existing store formats through more flexible layouts.

“Throughout his lengthy Walgreens career, John has demonstrated the ability to uncover opportunities and lead teams through complex projects,” Wasson said. “There’s no one better to take on this new challenge as we seek more innovative ways to leverage the best store network in America.”

Separately, the company revealed it has completed filling out its team of general merchandise managers and divisional VPs with the addition of Broughton, a 23-year Wal-Mart veteran who last served the discount store giant as VP and divisional merchandise manager for food and consumables. Broughton will join the company July 13 as GMM and divisional VP consumables.

In other moves, Walgreens elevated Bruce Schmiedl from director of facilities planning, design and engineering to divisional VP overseeing the same activities. Also promoted is Bob Roscoe, from director of asset development to divisional VP in charge of property acquisition and development, and specialty real estate.

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