REAL ESTATE

Robin Group announces promotion

BY Staff Writer

Los Angeles — The Robin Group said Tuesday that Yoav Sarraf has been promoted to VP and director of retail brokerage services.

Sarraf joined TRG in 2008. He was previously director of acquisitions for Brighton Holdings.

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REAL ESTATE

NAI MLG Commercial names principal

BY Staff Writer

Milwaukee — NAI MLG Commercial said Tuesday that Brian J. Vanevenhoven has been named principal of the firm.

Vanevenhoven joined NAI MLG Commercial in 2000 and became a retail associate in 2001. In 2006, he was promoted to VP, and in 2007 was promoted to senior VP of the retail team.

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News

Bon-Ton CEO takes on chairman role

BY CSA STAFF

YORK, Pa. — The Bon-Ton Stores announced Tuesday that its board of directors has elected president and CEO Bud Bergren to the additional role of chairman of the board. The board has also acceptedTim Grumbacher’s resignation as executive chairman of the board. Grumbacher remains a director of the company and was named strategic initiatives officer. Additionally, Brendan Hoffman, recently appointed as president and CEO of the company effective Feb. 7, was elected a director of the company. The actions of the board were taken on Jan. 26 with an effective date of Feb. 7. The transition of Bergren to chairman of the board is in accordance with the board of directors’ succession plan. 

Bergren was president and CEO of Bon-Ton since August 2004. He joined the company in November 2003 in conjunction with the company’s acquisition of The Elder-Beerman Stores Corp., where he served as president and CEO from February 2002 through August 2004. He was appointed vice chairman of Bon-Ton in November 2003.

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