Wakefern Chairman receives 2008 FMI Herbert Hoover Award
The Food Marketing Institute (FMI) honored Wakefern Food Corp. chairman Emeritus Tom Infusino recently with the 2008 FMI Herbert Hoover Award for his personal and professional excellence in serving the food retail and wholesale industry. FMI president and CEO Tim Hammonds presented the award at the association’s 2008 Midwinter Executive Conference in Scottsdale, Ariz.
Infusino served as the uniting force behind the Wakefern Food Corp and its ShopRite member companies during his 34-year career. He and the Wakefern companies have made extraordinary contributions to their communities such as the ShopRite Partners in Caring program, which earned the FMI Neighborhood Partnership Award in 2005. The program has donated $13 million to more than 1,400 charities since its launch in 1999.
Report: eBay’s Whitman to Retire
New York City Meg Whitman, CEO for San Jose, Calif.-based eBay Inc., is preparing to retire and may announce her departure within weeks, according to a report in The Wall Street Journal.
The report, which quoted sources familiar with the situation, said that Whitman recently began delegating more daily responsibilities and was completing succession plans. John Donahoe, president of eBay’s auction business unit, is reportedly the leading candidate to succeed Whitman, the report said. eBay did not comment on the matter.
Whitman, one of the country’s most high-profile executives, joined eBay 10 years ago. At that time, she said no chief executive should stay in their position for more than a decade for the benefit of the executive and the company.
Despite the company’s slower growth recently, eBay has grown into one of the Internet’s most visited sites under Whitman’s leadership.
eBay will announce fourth-quarter results on Wednesday.
Gap’s Chief Legal Officer Resigns
San Francisco, Calif., Gap Inc. said Tuesday that its chief legal and administrative officer, Lauri Shanahan, plans to leave the company, effective March 31.
Shanahan has been with the specialty apparel retailer since 1992. During her tenure, she held various positions and increased her responsibilities within a variety of areas, including real estate, social responsibility, government affairs and public policy, loss prevention and The Gap Foundation.
She became general counsel in 1998 and corporate secretary in 2000.