OPERATIONS

REI elects two new members to board

BY Dan Berthiaume

Seattle — REI’s members recently elected two new directors to represent their interests on the co-op’s board of directors.

Karen E. (Kari) Glover and Sharon Philpott were elected to three-year terms and Cheryl Scott was re-elected to a three-year term. Earlier in the year, the REI board re-appointed Chloe Harford and Matt Compton to one-year terms.

Glover practiced law for 30 years at Preston Gates & Ellis, where she was managing partner of the firm. Currently, she serves on the board of trustees of her alma mater, Whitman College, and on the board of United Way Worldwide where she is the chair of the executive compensation committee.

Philpott is a certified public accountant and currently is a member of the finance and audit committee of the Oregon Health and Science University Foundation and on the advisory council of The Wendy and Emery Reves Center for International Studies at The College of William and Mary.

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OPERATIONS

Lowe’s brings Porch.com to all stores

BY Dan Berthiaume

Mooresville, N.C. – Lowe’s and Porch.com have expanded their strategic partnership to the more than 1,700 Lowe’s home improvement stores across the U.S. Every Lowe’s store in the country now features Porch as the in-store resource to help homeowners find home improvement professionals for nearly any project outside of Lowe’s current installation services.

In addition, home improvement service professionals can sign up for a free Porch profile. If a Lowe’s customer needs a professional for a service Lowe’s does not currently offer, such as handyman, painting or landscaping services, employees can access the Porch network of professionals on their mobile devices and in-store terminals to identify local providers. The service was first introduced at Lowe’s stores in the Carolinas and Seattle area in January 2014.

"While we have already been able to help our customers with projects like installing flooring or remodeling a kitchen, our partnership with Porch means we can now guide customers to find help for nearly any home improvement service, from routine maintenance to dream projects," said Jay Rebello, VP new business development and corporate innovation at Lowe’s. "Homeowners trust Lowe’s products and project expertise, and now that relationship can extend to the search for home improvement pros by providing a highly personal, localized experience through Porch."

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Target to adopt MasterCard chip-and-PIN technology by 2015; names new CIO

BY Marianne Wilson

Minneapolis — Target Corp. named veteran IT executive Bob DeRodes as chief information officer. The retailer also announced that it plans to incorporate MasterCard chip-and-PIN technology across its Target-branded REDcard portfolio by early 2015, and is converting existing payment terminals at its stores this year ahead of schedule.

DeRodes replaces Beth Jacob, who left the chain in early March in the wake of Target’s massive pre-Christmas data breach. He has 40 years of experience in information technology, and has been a senior information technology adviser for the Center for CIO Leadership, the U.S. Department of Homeland Security, the U.S. Secretary of Defense and the U.S. Department of Justice. He will assume oversight for the company’s technology team and operations, effective May 5, with responsibility for the ongoing data security enhancement efforts as well as the development of Target’s long-term information technology and digital initiatives.

Regarding its rollout of MasterCard’s chip-and-PIN solution across its branded credit card portfolio, Target said that its existing co-branded cards will be reissued as MasterCard co-branded chip-and-PIN cards. Ultimately, all of Target’s REDcard products will be chip-and-PIN secured.

Earlier this year, Target announced an accelerated $100 million plan to move its REDcard portfolio to chip-and-PIN-enabled technology and to install supporting software and next-generation payment devices in stores. The new payment terminals will be in all 1,797 U.S. stores by this September, six months ahead of schedule.

“Target has long been an advocate for the widespread adoption of chip-and-PIN card technology,” said John Mulligan, executive VP, CFO, Target. “As we aggressively move forward to bring enhanced technology to Target, we believe it is critical that we provide our REDcard guests with the most secure payment product available. This new initiative satisfies that goal.”

The company said it will continue its search for a chief information security officer and a chief compliance officer.

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