President Obama reappoints retail vet Matthew Rubel to committee post
Washington, D.C. — President Barack Obama announced his intention to appoint Matthew Rubel to an additional term as a member of the Advisory Committee for Trade Policy and Negotiations, a key Administration advisory post.
Rubel is currently a senior advisor at TPG Capital. Previously, he was chairman, president and CEO of Collective Brands, from 2005 to 2011. Rubel was CEO of Cole Haan from 1999 to 2005.
Rubel stated, “It is an honor to be asked to once again serve my country as a member of the ACTPN. I look forward to working with my fellow members and the Administration to provide advice on the trade policies that are vital to the economic well-being of our nation.”
Pep Boys president and CEO resigns, effective immediately
Philadelphia — In a surprise announcement, The Pep Boys – Manny, Moe & Jack said that its president, CEO and director Mike Odell has resigned. Director John Sweetwood was named interim CEO, effective immediately, while the company searches for a permanent CEO.
The departure of Odell, who was appointed CEO of Pep Boys in fall 2008, comes weeks after the auto-parts and service company reported a loss for the second quarter, which it credited to declines in its tire and do-it-yourself segments.
Pep Boys’ general counsel, Brian Zuckerman, alluded to the company’s recent results in a a report by the Associated Press, saying that while Odell had accomplished a lot during his time as CEO, recent results were disappointing.
"Essentially the board and Mike just determined that change would be in the best interest at this time," he said.
Interim CEO Sweetwood has served on Pep Boys’ board of directors since 2002 and is currently the president of Woods Investment, a private real estate investment firm. He is the former president of the Americas Six Continents Hotels (currently Intercontinental Hotel Group) that operates hotels under the InterContinental, Crown Plaza, Holiday Inn and other brands.
Container Store hires new general counsel
Dallas – The Container Store has hired Pete Lodwick as VP and general counsel. Lodwick will lead both internal and external teams responsible for legal strategy, regulatory affairs, and corporate compliance.
Prior to joining The Container Store, Lodwick practiced for 34 years at the Dallas-based law firm Thompson & Knight in the corporate and securities department.