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Finance & Capital Management

  • Bebe stores names CFO; eliminating COO position

    Brisbane, Calif. -- Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.
       
    Woo will succeed Walter J. Parks, COO and CFO, who is departing the company effective May 3. The COO position will be eliminated and CEO Steve Birkhold will assume the COO responsibilities.
     

  • Safeway names CEO

    Pleasanton, Calif. -- Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.

    "Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd said. "He has demonstrated the ability to lead the company in all facets of its operations, and has earned the respect of the entire organization."

  • Google Wallet co-founder heads to Braintree

    SAN FRANCISCO — Braintree, a payments platform for online and mobile commerce, has appointed Google Wallet co-found Rob von Behren as the company’s lead engineer for its San Francisco office. 

     

    In his new role, von Behren will be charged with helping to advance Braintree's position in mobile commerce, including its one-touch mobile payment solution Venmo.

     

  • Aeropostale Jury: Finazzo must forfeit $25-plus million

    New York -- A Monday report by Bloomberg said that ex-Aeropostale executive Christopher Finazzo – convicted last week on 14 counts of  fraud against the retailer – has been order to forfeit more than $25 million.

    Jurors unanimously found that Finazzo must turn over $25.79 million in cash, interest in four Calverton, N.Y., properties and as much as $300,000 from a trading account, according to the Bloomberg report, which cited a statement by Robert Nardoza, spokesman for Brooklyn U.S. Attorney Loretta Lynch.
     

  • Leadership changes at Family Dollar

    MATTHEWS, N.C. — Family Dollar has announced that EVP of supply chain Charles S. Gibson will leave the company to pursue other interests.

     

    “Charlie has overseen the growth and development of our supply chain network and has been a valued part of our team,” said Howard R. Levine, chairman and CEO. “We appreciate the contributions Charlie has made to the company’s success, and we wish him all the best in his future endeavors.”

     

  • Charming Shoppes’ real estate head joins A&G Realty

    Melville, N.Y. -- A&G Realty Partners announced Monday that former executive VP of real estate for Charming Shoppes, Jonathon Graub, has joined the firm as principal.

    Graub will leverage his background to advise clients on strategic growth opportunities and to assist with their real estate operations.
     

  • Former Charming Shoppes EVP joins A&G Realty

    MELVILLE, N.Y. — Retail real estate industry executive Jonathon Graub has joined A&G Realty Partners, a leading commercial real estate, advisory and investment group, as principal. Graub will advise A&G Realty’s retail clients on strategic growth opportunities and assist with their real estate operations.

     

  • Marcus & Millichap names regional manager

    Chicago -- Marcus & Millichap Real Estate Investment Services said it has named Stephen Rachman as regional manager of its Chicago O’Hare office.

    Rachman began his career at Marcus & Millichap in 2002 as an agent in the firm’s Chicago O’Hare office and, in 2004, relocated to the Chicago Downtown office. Named senior associate in 2005, and then VP investments in March 2013, Rachman returned to the Chicago O’Hare office in March.
     

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