JCPenney CEO Named NRF Chair
Washington, D.C. The National Retail Federation (NRF) announced at its 97th Annual Convention and EXPO last week that Myron Ullman, III, chairman, president and CEO of JCPenney, will assume the role of chairman of the board and chairman of the executive committee.
In addition to Ullman’s appointment, Philip Francis, chairman and CEO of PetSmart, has been elected as first vice chairman of the board, chairman of the finance committee and treasurer. Meanwhile, chairman and CEO of Saks, Stephen Sadove, will take on the role of second vice chairman of the board.
Kip Tindell, chairman and CEO of The Container Store, was named chairman of the awards and nomination committee.
Each will serve a two-year term.
Report: eBay’s Whitman to Retire
New York City Meg Whitman, CEO for San Jose, Calif.-based eBay Inc., is preparing to retire and may announce her departure within weeks, according to a report in The Wall Street Journal.
The report, which quoted sources familiar with the situation, said that Whitman recently began delegating more daily responsibilities and was completing succession plans. John Donahoe, president of eBay’s auction business unit, is reportedly the leading candidate to succeed Whitman, the report said. eBay did not comment on the matter.
Whitman, one of the country’s most high-profile executives, joined eBay 10 years ago. At that time, she said no chief executive should stay in their position for more than a decade for the benefit of the executive and the company.
Despite the company’s slower growth recently, eBay has grown into one of the Internet’s most visited sites under Whitman’s leadership.
eBay will announce fourth-quarter results on Wednesday.
Borders Names VP, IT Delivery Services
Ann Arbor, Mich., Borders Group, Inc. named Gary E. Baker VP, IT delivery services, effective Tuesday.
In his new position, Baker is responsible for the development and execution of IT strategic processes related to the delivery of technology as well as leading teams to ensure that business goals are met through delivery of necessary IT products and services, among other duties.
Prior to joining Borders, Baker served as director, IT transformation services, at AlixPartners LLP in Southfield, Mich.