U.S. Auto Parts Network Names CEO
Carson, Calif., Online retailer U.S. Auto Parts Network Inc. has replaced CEO Mehran Nia with former Blockbuster Inc. executive Shane Evangelist.
Before joining U.S. Auto Parts, Evangelist was general manager of Blockbuster Online, where he oversaw the launch of Blockbuster’s online movie-rental service.
Nia served as president and CEO since founding U.S. Auto Parts in 1995 and will continue to serve on the board.
Evangelist will receive a stock-option grant to purchase up to 750,000 shares of common stock over a four-year period, as well as a performance-based option to purchase up to 250,000 shares of stock upon the attainment of certain share-price metrics.
Samsung appoints top marketing officer
RIDGEFIELD PARK, N.J. Samsung Electronics America has named Steven Cook as its new senior vp and chief strategic officer for its North American headquarters.
Cook has a 26-year career in strategic brand retail marketing and most recently served as vp of worldwide strategic planning and business development for Coca Cola. Prior to that, Cook worked for Proctor & Gamble.
“Steven has extensive skills in brand differentiation, which have been honed in equally competitive industries where brand differentiation is critical,” said Samsung Electronics America president D.J. Oh.
In a statement, Cook said he looks forward to helping Samsung build on its reputation as a brand that “delivers on its promise of the best consumer electronics experience.”
Report: RFID top priority for Wal-Mart
San Francisco Speaking at an industry conference in Taiwan, Ron Moser, RFID strategy leader for Wal-Mart, said that RFID technology is important to the company and that it recognizes its role as a leader in this area, reports said.
At the Taiwan International RFID Applications Show in Taipei, Moser reportedly said that Wal-Mart could improve sales greatly by fixing its inventory issues using RFID technology. Moser added that he anticipates RFID to have a greater effect on Wal-Mart than bar codes did when they debuted in 1984.
According to reports, Moser said that he expects RFID will lead to getting products on store shelves faster, thus reducing lost sales and making missing merchandise a soon-to-be phenomenon of the past.