Report: Wal-Mart May Set Up Back-Office in Bangalore
Mumbai Wal-Mart Stores Inc. may set up a back-office center in India’s technology hub of Bangalore to cater to its multiple functions across the world, the Economic Times said on Friday.
The report also said Wal-Mart may firm-up plans for the back-office unit only after the U.S. presidential elections later this year as the flight of jobs was a sensitive issue in the United States.
Genesco President Adds CEO Role
Nashville, Tenn. Genesco Inc. said Thursday president Robert J. Dennis will take on the additional role of CEO, effective Aug. 1. Current CEO and Chairman Hal N. Pennington will continue to serve as executive chairman, the company said.
The company said the change is part of the company’s internal succession plan that began when Dennis was appointed COO in 2005.
Sweetbay Names CEO
Tampa, Fla. Sweetbay Supermarket named company Michael T. Vail has been named president and COO of the chain, according to the Tampa Bay Business Journal. Vail replaces Shelley Broader, the company’s former president and CEO, who left the Sweetbay earlier this month to take a leadership role at the arts and crafts chain Michaels.
Vail previously served as VP of merchandising for Kash n’ Karry. There, he provided leadership for the evolution to Hannaford supply chain systems. He later assumed responsibilities of senior VP of retail operations.