OPERATIONS

Pep Boys Names New Board of Directors Member

BY CSA STAFF

Philadelphia The Pep Boys – Manny, Moe & Jack announced that Dr. Irvin D. Reid has joined its board of directors.

Dr. Reid is president of Wayne State University, an urban research university located in Detroit. He also serves as a director of Mack-Cali Realty Corp. and Handleman Corp., and sits on the board of the Federal Reserve Bank of Chicago (Detroit branch).

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OPERATIONS

Wal-Mart Canada Names CEO

BY CSA STAFF

Mississauga, Ontario After seven years at the helm of Wal-Mart Canada and 45 years with the company, president and CEO Mario Pilozzi will retire effective Jan. 31. Succeeding Pilozzi will be David Cheesewright, effective Feb. 1.

Cheesewright is currently COO of ASDA, Wal-Mart’s operation in the U.K. He joined ASDA in 1999 and held leadership positions in operations, merchandising, logistics, strategy, and format development.

From 2004 to 2005, Cheesewright served as COO for Wal-Mart Canada before returning to ASDA as COO.

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OPERATIONS

Tuesday Morning CFO to Resign

BY CSA STAFF

New York City, The CFO of Tuesday Morning Corp. plans to leave the closeout merchandise retailer next month, the company said in a regulatory filing Friday.

Elizabeth A. Schroeder, who is also executive VP, secretary and treasurer, will resign Jan. 15, according to a filing with the Securities and Exchange Commission.

Schroeder is leaving to join her husband’s business, according to a company spokeswoman.

The company has not yet named a replacement.

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