Lululemon names Kmart exec as chief product officer
New York — Lululemon has named Tara Poseley as chief product officer. She most recently served as president of Kmart Apparel, where she was responsible for the launch of several new product collections to attract a younger and multi-cultural customer.
Previously, she held the position of interim president at Bebe Stores, president of Disney Stores North America (The Children’s Place) and CEO of Design Within Reach (DWR).
In her role at Lululemon, Poseley will oversee the company’s global merchandising and design strategy.
Nestlé takes U.S. pizza business to Ohio
Nestlé plans to relocate its pizza business from Northbrook, Ill., to Solon, Ohio. Nestlé Pizza operates the Digiorno, California Pizza Kitchen, Tombstone and Jack’s brands. The company anticipates completing the move by mid-2014.
The Nestlé Pizza Division brands were acquired from Kraft Foods in 2010 for $3.7 billion. The acquisition allowed the company to expand its frozen prepared foods category.
Nestlé executive John Carmichael will return to the U.S. from his assignment as Nestlé Zone Americas deputy in Vevey, Switzerland, to become president of Nestlé Pizza Jan. 1, 2014. Paul Bakus, the current president of Nestlé Pizza, has been named president of corporate affairs for Nestlé in the market, effective Jan. 1, 2014.
"By moving Nestlé Pizza to Ohio, we’ll bring together terrific brands and powerful businesses that will create many more talent development opportunities for our employees," said Nestlé USA chairman and CEO Paul Grimwood. "The decision also allows us to better manage our costs and to improve our efficiencies by operating as one Nestlé with our retailers."
The relocated pizza business will also benefit from close proximity to the expanding R&D facilities in Solon, Ohio. In June, the company announced its $53 million investment to build a product technology center dedicated to frozen and chilled foods research. The new facility is now under construction and will be operational in early 2015.
The Nestlé Pizza Division also operates two pizza production bakeries in the cities of Little Chute and Medford, both in Wis. These facilities and their employees will not be relocating to Ohio.
Bloomingdale’s CEO Michael Gould retiring; to be replaced by Tony Spring
New York — Bloomingdale’s longtime chief executive and chairman, Michael Gould, 70, is stepping down after 22 years on the job. He will be succeeded by Tony Spring, 48, currently Bloomingdale’s president and COO, effective Feb. 1, 2014. A successor to Spring as president of Bloomingdale’s is expected to be named in 2014.
“Mike Gould has been an outstanding and inspirational leader who has strengthened Bloomingdale’s position as an upscale fashion trendsetter known and loved by customers around the globe. Bloomingdale’s truly is like no other store in the world,” said Terry J. Lundgren, chairman, president and CEO of Macy’s, parent company of Bloomingdale’s. “Tony Spring also has been an integral part of Bloomingdale’s formula of success for 26 years, and we are excited about his new, elevated role leading this exceptional omni-channel brand going forward.”
Gould, who joined Bloomingdale’s as chairman and CEO in 1991, told The Associated Press that he felt it was time to pass the baton and that he had been thinking about leaving for the past seven months. He started succession planning 10 years ago with his eye on Spring, the report said.
Prior to joining Bloomingdale’s, Gould was president and CEO of Giorgio Beverly Hills, a position he had held since 1987. He joined Giorgio in 1986 as president and chief operating officer.
Gould began his retailing career at the Brooklyn-based Abraham & Straus division of Federated Department Stores, Inc. in 1968 as an executive trainee and rose to become a merchandise VP.
Spring was promoted to Bloomingdale’s president and COO in 2008, with responsibility for Bloomingdale’s stores, marketing, creative services, finance, operations and restaurants. He began his Bloomingdale’s career in 1987 as an executive trainee in the White Plains, N.Y., store. From there, he went to assume positions of increasing responsibility.