Finance & Capital Management

Irvine, Calif. -- Passco Cos. announced that Larry Sullivan has been named president, effective May 30.

Sullivan, who currently serves as CFO and CFO of Passco, succeeds William Winn, who recently resigned.

William Passo, founder, will remain in his current position as CEO.
 

Middleburg Heights, Ohio -- Brixmor Property Group announced that a 14,151-sq.-ft. Tuesday Morning recently opened at Southland Shopping Center, located in Middleburg Heights, Ohio.

Brixmor, based in New York City, is the owner of Southland Shopping Center.

Ontario, Calif. -- Marcus & Millichap Real Estate Investment Services announced it has named Kevin Boeve as regional manager of its Ontario office, Calif., office.

Boeve joined Marcus & Millichap in June 1999 and most recently served as VP investments.

When The Mall at Bay Plaza opens to the public in 2014, adjacent to the highly successful outdoor Bay Plaza Shopping Center, it will be heralded as the first enclosed fashion mall in the New York City area in nearly 40 years.

That’s big news. Particularly at a time when new development has taken a back seat to redevelopment of existing assets.

By Greg Caster, managing director, Accenture Retail

Most incoming CEO’s put together a ‘100-day plan’ as they embark on the new role. In the case of Mr. Ullman, it is his second 100-day plan at J.C. Penney. But the world and company is very different from December 2004 when he wrote his first plan, and this one will be written in the knowledge that he is the interim CEO for a company in crisis.

MOUNTAIN VIEW, Calif. — The Manufacturing Leadership Council, a global business network for senior industrial executives, has elected Dana S. Deasy, group CIO and group VP of information technology and services at BP, to the board of governors.

NEW YORK — The Jones Group Inc. has nominated chairman and CEO of Barington Capital Group James A. Mitarotonda to stand for election to the board of directors at the company's 2013 annual meeting of stockholders. 

With the addition of Mitarotonda, the Jones board of directors will expand to 11 members, 8 of whom are independent, 10 of whom are non-management and all of whom are annually elected.  

NEW YORK, N.Y. — OrderGroove, a leader in subscription retail solutions, has appointed Mike Camp as COO.

AUSTIN, Texas — H-E-B announced the statewide winners of its 12th annual H-E-B Excellence in Education Awards during a banquet at Austin’s Hilton Hotel.

At the ceremony, H-E-B chairman and CEO Charles Butt disbursed $585,000 in cash awards and grants and personally congratulated 23 educators, campuses, school districts and one early childhood agency for being among the best in Texas.

JACKSONVILLE, Fla. — Stein Mart has announced its plants to launch its e-commerce business, one of the company's several key initiatives for 2013 following reported financial results. 

The company has restated its 2011 periods and first quarter 2012 results, released its full-year 2012 financial numbers and said it will unveil several key initiatives in 2013.