Diversity & Inclusion

PepsiCo announced that James Schiro has resigned from the company's board of directors for health reasons, effective immediately.

Schiro is the former CEO of both Zurich Financial Services and PricewaterhouseCoopers. He was elected to PepsiCo's board of directors in 2003 and served as the company's presiding director from May 2010 to May 2013. Most recently, Schiro served on PepsiCo's nominating and corporate governance committee and its compensation committee.

For the third consecutive year, Office Depot has enlisted the aid of actor, comedian and America’s Got Talent host Nick Cannon to help execute an innovate back-to-school program.
 

The Home Depot has donated $81,000 to a rural retreat for wounded veterans and their families. The money will go toward building a barn and run-in for horses, as well as some garden project at the Boulder Crest Retreat for Military and Veteran Wellness.

New York -- American Apparel Inc. announced  four new directors to its board, including the company’s first-ever female board member, Colleen Brown, a former CEO of Fisher Communications, and former Walgreens executive Joseph Magnacca, who took the reins as CEO of RadioShack last year.  

The other new directors are  David Glazek, a partner with hedge fund Standard General, which holds a nearly 44% stake in American Apparel, and Thomas J. Sullivan, a director of Media General.

By Sandy Skrovan, U.S. research director at Planet Retail

A $500,000 grant from the Sam’s Club Giving Program will help fund an innovative program to provide technical assistance to small child care operators in low income communities.

Dallas — SRS Real Estate Partners has hired Daniel Poku as an associate in the Dallas/Fort Worth office. A newcomer to the industry, Poku has a background in economics.

Poku is a recent graduate of Southern Methodist University. Poku is also currently pursuing a new venture called CauseCakes, with plans to launch fall 2014. CauseCakes partnered with a local bakery to provide cupcakes with wrappers that prompt acts of random kindness for special events and corporate meetings.

Washington, D.C. -- The NRF says the members of the Alliance for Bangladesh Worker Safety have made tremendous progress in the past year, demonstrating their true commitment to safer working conditions in the Bangladesh ready-made garment industry. In an official statement, NRF president and CEO Matthew Shay said the group has made many achievements to improve the safety of Bangladeshi factory workers.