Nebraska academic joins Kellogg board
BATTLE CREEK, Mich. — Kellogg Company has elected Cynthia H. Milligan, dean emeritus of the College of Business Administration at University of Nebraska-Lincoln and trustee of the W.K. Kellogg Foundation, to its board of directors effective Feb. 22, 2013.
"We are very pleased to welcome Cynthia to our board," said Chairman Jim Jenness. "Cynthia’s business acumen and financial experience will be a great asset to our company."
Prior to her tenure with the University of Nebraska at Lincoln, Milligan served as director of banking and finance for the State of Nebraska. She was also a senior partner in the law firm of Rembolt Ludtke Parker Milligan & Berger and an adjunct professor at Georgetown University Law Center and the University of Nebraska College of Law, specializing in taxation and banking law. Milligan also served as a Director of the Kansas City Federal Reserve Omaha Branch.
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Overstock.com names co-presidents
Salt Lake City — Overstock.com said Friday it has named Stormy Simon and David Nielsen as co-presidents of the company.
Simon was previously SVP over customer and partner care and, with the promotion, will add oversight of warehouse logistics, press relations, social media and strategic marketing.
Nielsen, promoted from SVP merchandising and supply chain, will add oversight of international sales, talent management and information technology.
Earlier this month, Overstock.com announced that current CEO Patrick Byrne would be taking medical leave and that president Jonathan Johnson would become acting CEO at the time of Byrne’s departure. The company said Friday that Johnson will not retain the president position, as of the two promotions, and will remain acting CEO.
Other management changes announced Friday include: Robert Hughes has been promoted to SVP finance and risk management from VP finance and accounting. Saum Noursalehi was appointed SVP marketing; he was previously VP OLabs, the research and development arm of Overstock.com.
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Cheesecake Factory to make state debut in Michigan
Bloomfield Hills, Mich. — Taubman Centers, owner of Twelve Oaks Mall in Novi, Mich., said Friday that The Cheesecake Factory will make a Michigan debut with a new restaurant opening at Twelve Oaks.
The 8,430-sq.-ft. Cheesecake Factory will open in latter 2013, and will feature French limestone floors, decorative columns, hand-painted murals and contemporary lighting.
Twelve Oaks Mall is anchored by Nordstrom, Macy’s, Lord & Taylor, J.C. Penney, Sears and the Lifestyle Café Food Court.