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Awards

  • J.C. Penney awards Ellison 2 million shares

    Plano, Texas – J.C. Penney Company Inc. has provided an equity inducement award of 2.07 million restricted stock units (RSUs) to Marvin Ellison, the company’s president and CEO-designee, in connection with his employment. Penney previously disclosed this award in connection with the announcement of Ellison`s appointment in October.

  • Shared WiFi app wins PayPal ‘BattleHack’ contest

    San Jose, Calif. -- PayPal and Braintree have named named the $100,000 grand prize winner of the 2014 BattleHack Series. At the World Finals, competitors were tasked with building an application that incorporates PayPal, Braintree or Venmo APIs.    The grand prize was awarded to the team from Tel Aviv, with two hackers, Shai Mishali and Pavel Kaminsky.   

  • Long-time Costco exec Craves dies

    Former Costco executive Robert Craves died last week shortly after being diagnosed with cancer, The Seattle Times reported. He was 72.

  • Call for Entries: Chain Store Age’s Retail Store of the Year Design Competition

    New York --Chain Store Age invites retailers, design firms, architects and suppliers to submit entires for its 33rd annual Retail Store of the Year design competition. For more information and an entry form, click here.

  • ADM promotes its president to CEO

    Archer Daniels Midland Company has appointed Juan R. Luciano the next CEO and also has elected him to the company’s board of directors, effective immediately.  Luciano previously served as company’s president and COO responsible for leading and running the company’s global operations.

    Luciano succeeds Patricia Woertz, who will continue in the role of ADM’s chairman of the board and is expected to retire in May 2016.

  • Best of the Best: Top CEOs

    To some folks, he’s an innovator, a genius who has fundamentally transformed the retail equation. To others, he’s a bully. And now Jeff Bezos has a new label: the world’s best-performing CEO.

    The designation comes way of the Harvard Business Review’s 2014 ranking of the 100 best-performing CEOs. The list offers the only ranking of global CEOs’ performances over their entire tenure.

  • American brand legend honored with Lifetime Achievement Award

    A man behind some of America’s favorite brands will receive the Lifetime Achievement Award from Chief Executive magazine.  Leslie H. Wexner, chairman and CEO of L Brands will be honored at the CEO2CEO Summit conference, Dec. 4, 2014, at the New York Stock Exchange.

  • ABF recipient of unprecedented safety award

    ABF Freight has done something no other company in the trucking industry has done before.

    The Fort Smith, Ark.-based national carrier was awarded the American Trucking Association’s President’s Trophy for the seventh time during the group’s annual safety and human resources conference in Orlando. ABF Freight also received the trucking industry’s most prestigious award in 1984, 1989, 1993, 1998, 2003 and 2010. No other national carrier has earned the award more than five times.

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