OPERATIONS

Tuesday Morning names 24-Hour fitness exec as new CFO

BY Katherine Boccaccio

Dallas — Tuesday Morning Corp. said it has appointed Jeffrey Boyer as executive VP, chief administrative officer and CFO, effective immediately. Boyer fills both the existing chief administrative officer vacancy and replaces outgoing CFO Stephanie Bowman.

Boyer previously was CFO, then COO of 24 Hour Fitness Worldwide, and has also served as CFO of Michael’s Stores and Kmart Corp.

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OPERATIONS

Giant Food divisional president departs

BY Katherine Boccaccio

Carlisle, Pa. — Ahold USA said that Giant Food of Landover, Md., divisional president Anthony Hucker is leaving his position, effective Sept. 13, to pursue another opportunity.

Ahold USA executive VP operations Bhavdeep Singh will oversee the Giant-Landover division on an interim basis until a permanent replacement is named, the company said.

Hucker was appointed president of Giant-Landover on October 2011, having previously worked at Walmart.

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OPERATIONS

Sterling, Zale reach settlement

BY Dan Berthiaume

Akron, Ohio – Sterling Jewelers and Zale Corporation have reached a negotiated settlement of a lawsuit pending in The United States District Court for the Northern District of Ohio. The suit, originally filed in November 2012, alleged that Zale was engaging in false advertising by calling one of its diamonds “the most brilliant diamond in the world.”

The settlement will go into effect March 2014. Details are confidential.

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