Yankee Candle Appoints CFO
South Deerfield, Mass., Yankee Candle Co. has named Bruce H. Besanko as CFO to replace the retiring Robert R. Spellman. Besanko joins the candle maker and retailer from Best Buy, where he held the post of VP of finance. Prior to working at Best Buy, Besanko held several financial leadership positions at Sears, Roebuck and Co.
May Names John Dunham Chairman and CEO
St. Louis, May Department Stores has tapped John Dunham as its permanent chairman and CEO, prior to the retailer’s $11 billion acquisition by rival Federated Department Stores Inc. Dunham already had been May’s president, and had assumed the duties of acting chairman and CEO upon the Jan. 14 resignation of Gene Kahn. The executive appointment was revealed in a filing this week with the Securities and Exchange Commission.
Hastings Delays Report
Amarillo, Texas, Hastings Entertainment Inc. on Friday delayed the release of its fourth-quarter and full-year earnings by three days so the company can make changes to the way it accounts for store leases. It will release its earnings on Thursday. Hastings operates 150 stores in the West and Midwest.