OPERATIONS

Winn-Dixie Adds New Execs

BY CSA STAFF

Jacksonville, Fla. Winn-Dixie Stores announced the addition of four new associates to its corporate headquarters staff to oversee compensation and benefits, pricing, private label and center store.

Matt Gutermuth now serves as Winn-Dixie’s VP of center store, and is responsible for overseeing all aspects of the grocer’s center store buying and merchandising departments. Most recently, he served as the president and CEO of Safeway.com.

Joe McKie, Winn-Dixie’s VP of corporate brands, is responsible for overseeing all aspects of the company’s corporate brands initiative, including the redesign and relaunch of Winn-Dixie’s private-label products. Most recently, McKie served as president and CEO of Kreative Brand Solutions, LLC.

Mark Tanis, Winn-Dixie’s VP of compensation and benefits, is responsible for the planning, design, implementation, communication and delivery of Winn-Dixie’s compensation and benefits programs. Tanis’ career has included time at Watson Wyatt Worldwide and Hewitt Associates.

Chris Vukich joined Winn-Dixie as the VP of pricing. In this position, he is responsible for developing and managing pricing strategies for the company. Prior to joining Winn-Dixie, Vukich held key positions at Dell Computer and Wal-Mart International. In his most recent role at Wal-Mart, he managed merchandising strategies, business process mapping and inventory, and pricing analysis.

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Tuesday Morning promotes Bowman to cfo

BY CSA STAFF

DALLAS Tuesday Morning has promoted Stephanie Bowman to the position of evp and cfo. Bowman was previously serving as vp of finance for Tuesday Morning, prior to that she served as vp of finance for Summit Global Partners.

“Stephanie has an extensive knowledge of financial management and because of her current position with Tuesday Morning, understands the company’s systems, personnel, and culture. She is positioned to hit the ground running,” stated Michael Marchetti, evp, coo and acting cfo.

Tuesday Morning reported that net sales for the third quarter ended March 31 were $178.4 million compared to $189.2 million for the quarter ended March 31, a decrease of 5.7%. Comparable-store sales for the quarter ended March 31 decreased by 8.2% comprised of a 6.6% decrease in traffic and a 1.6% decrease in ticket.

Based on the third quarter sales results, the company currently expects diluted earnings per share for the third quarter to be in the range of (10 cents) to (12 cents).

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Best Buy names Mikan to to board

BY CSA STAFF

MINNEAPOLIS Best Buy has announced the appointment of Mike Mikan to its board of directors. Mikan currently serves as evp and cfo of UnitedHealth Group.

We are delighted to welcome Mike Mikan to Best Buys board of directors, said Richard Schulze, Best Buys founder and chairman of the board. With his deep financial experience, Mike will be a valuable addition to our board. We think his guidance and judgment will be important as we continue to grow Best Buy into the future. 

Mikan was appointed evp and cfo of UnitedHealth Group, in November 2006. Mikan previously served as cfo for UnitedHealthcare and chief financial officer for Specialized Care Services (now OptumHealth).

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