Office Depot CFO to Step Down
Delray Beach, Fla. Office Depot announced on Tuesday that Patricia McKay, executive VP and CFO, has resigned effective March 1. Charles Brown, Office Depot’s president, international, will serve as acting CFO following McKay’s departure, the company reported.
Brown was Office Depot’s executive VP and CFO from 2001 to 2005. Office Depot said it plans to begin its search for a permanent CFO immediately and will announce a successor when this process is completed.
Kroger Launches TV Network for Employees
New York Kroger Co. has launched a national internal television network called KTV for its employees, according to BusinessRockford.com.
According to reports, KTV will mainly be used for employee development, saving costs by allowing them to receive training without having to travel. Kroger is said to be producing a full broadcast schedule of original programs. The programs will be both recorded and live, allowing for interaction between employees.
Pantry Senior VP Resigns
Sanford, N.C. Convenience store chain The Pantry, Inc. announced that David M. Zaborski, senior VP, operations, has resigned from the company effective March 31 to pursue other interests.
Brad Williams will be promoted to VP of field operations. He was most recently a division VP at The Pantry with operating responsibility for approximately 550 convenience stores.