OPERATIONS

Jewel-Osco president to retire

BY Antoinette Alexander

CHICAGO — Jewel-Osco president William Emmons is retiring less than a year after taking the helm at the grocery chain, which is now part of New Albertsons Inc., according to a Chicago Tribute report.

The Chicago grocer has tapped Jim Rice, who has served as VP of operations since August, to take the reins on a interim basis, the Chicago Tribute reported. Rice has worked for Albertsons for more than 35 years.

Rice began his career as a part-time associate with the goal to become a store director, which he achieved in Southern California in 1986. From there, he was promoted to district manager in both Florida and Las Vegas, roles which prepared him to be VP of the Northern California division and later the president of the Southwest division.

In February 2013, it was announced that Emmons would head Jewel-Osco. Emmons was formerly president of the southern division and returned to the company following his 2010 retirement. He began working at Albertsons in 1971.

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OPERATIONS

Two senators ask Target CEO for more information on data breach

BY Marianne Wilson

Washington, D.C. — Two U.S. senators have written to Target CEO Gregg Steinhafel seeking "detailed information” on the data breach that occurred during the holiday shopping season, Reuters reported.

"We ask that Target’s information-security officials provide a briefing to committee staff regarding your company’s investigation and latest findings,” John Rockefeller, chairman of the Senate Commerce Committee, and Claire McCaskill, chair of the Commerce subcommittee on consumer protection, wrote to Steinhafel.

The Democratic senators’ Jan. 10 letter to Steinhafel was released on Tuesday.

"We have received the chairmen’s letter and are continuing to work with them and other elected officials to keep them informed and updated as our investigation continues," Target spokeswoman Molly Snyder said in an email to Reuters.

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OPERATIONS

PetSmart president and COO to retire; announces management changes

BY Marianne Wilson

Phoenix — PetSmart Inc. announced changes to its management team in conjunction with the retirement of its president and COO, Joseph O’Leary.

PetSmart CEO, David Lenhardt, will assume the title of president and CEO when O’Leary steps down. The company will not replace the COO position. Instead it will realign the responsibilities among four newly created executive VP positions, with Lenhardt assuming the title of president and CEO, with the changes effective April 4, 2014.
In addition, PetSmart will conduct a search for a new CIO to replace Don Beaver, who will also retire.

“Joe’s retirement has provided the opportunity to take a fresh look at our organizational structure and establish a senior leadership team that will best position PetSmart for future growth,” said Lenhardt. “We have strong and capable leaders, and with the addition of the new EVP positions, I’m confident we are in a position to deliver on our strategies and initiatives to drive future growth and deliver shareholder value.”

As part of the new structure, PetSmart is creating a new position, executive VP of customer experience, strategic planning and corporate development, which will focus on developing strategies for creating an unmatched customer experience, both in stores and online, and on developing organic and adjacent growth strategies across all platforms. Marketing, strategic planning and corporate development will report to this new executive VP. An external search will be conducted to fill this new role.

The following leaders will be named to the newly created executive VP roles:

  • Carrie Teffner, who is currently senior VP of Finance and CFO, will now serve as executive VP and CFO with responsibilities for overseeing Finance and IS. The new CIO will report directly to Teffner.
  • Matt McAdam, who is currently senior VP of merchandising, will now serve as executive VP of merchandising and real estate.
  • Bruce Thorn, who is currently senior VP of store operations and services, will now serve as executive VP of store operations, services and supply chain.

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