Tweeter to Close its Doors
Canton, Mass. Tweeter is shutting down its Canton, Mass. headquarters as part of a “permanent entire company closing.”
The headquarters facility is expected to close by Dec. 31.
Tweeter filed for Chapter 11 bankruptcy protection in June 2007.
Hudson Capital Partners and Tiger Capital Group are planning to liquidate the merchandise at the company’s 94 stores.
New cfo named at Proctor & Gamble
CINCINNATI Jon Moeller, currently vp and treasurer of Proctor & Gamble, has been elected cfo, effective Jan. 1, 2009. Clayton Daley, Jr., vice chairman and cfo, will retire effective Sept. 16, 2009, after 35 years of service. He will step down as cfo on Jan. 1, 2009.
Moeller most recently served as treasurer of Proctor & Gamble where he established the capital structure, cash management and AA- credit rating that have put P&G in a strong financial position for the near and long term, the company reported.
Bacardi names new cfo
MIAMI Bacardi U.S.A. has named Michael Misiorski senior vp and cfo.
Misiorski joins Bacardi U.S.A. from Absolut Spirits Co. where he was vp of finance and cfo. While at Absolut, Misiorski led a number of departments including human resources and operations, and oversaw tax reporting, budgeting and a range of other responsibilities in addition to his financial role.