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What do Arne Sorenson and Aida Alvarez have in common?
They both serve on the Walmart board of directors and were re-elected by shareholders at the company’s annual meeting last week, but for some reason they also drew the largest number of negative votes, according to results of the election Walmart filed with the Securities and Exchange Commission late Thursday.
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Kenneth Cole names CEO
New York City -- Kenneth Cole Productions announced that effective June 20, 2011, Paul Blum will be appointed to the position of CEO. Kenneth Cole will continue as chairman and chief creative officer, maintaining his creative role over design and advertising.
Hired in March as vice chairman, Blum brings over 25 years of experience in footwear, accessories, apparel, wholesaling and retailing to the position. He most recently held the position of CEO at luxury jewelry company David Yurman.
