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International Business

  • Wal-Mart names Greg Penner, Rob Walton’s son-in-law, as vice chairman

    New York — Wal-Mart Stores named  Greg Penner, 44, to the new role of vice chairman, a move that positions him to be a successor to chairman Rob Walton. Penner, 44, is Walton’s son-in-law and has served on the board since 2008. The appointment was announced Friday morning at the company's shareholders' meeting.

    The move strengthens the Walton family’s control of the board. Walton, 69, is the son of Wal-Mart founder Sam Walton.  

  • Spanx taps new CEO

    Spanx has named Jan Singer as CEO, reporting to founder and owner of the company, Sara Blakely.

    Interim CEO Gregg Ribatt will assist Singer through a transition period, and then continue to serve on the company’s board of advisers. Singer is expected to join the company officially in early July.

  • SGK taps new SVP, brand strategy

    SGK, formerly marketed as Schawk, a leading global brand development, activation and deployment company that drives brand performance, has appointed Andrew Flynn as SVP of brand strategy.

    In this new role, Flynn will focus on identifying and developing strategic brand solutions for clients to help drive brand performance by leveraging the services offered by Brandimage and Anthem, part of SGK's brand development group, and Schawk, the company's brand deployment business.

  • Hudson’s Bay swings to Q1 profit as sales double

    Toronto -- Hudson's Bay Co. (HBC) swung to a profit in its first quarter, boosted by strong sales at Saks Inc., which it acquired last year. Hudson's Bay has announced plans to bring Saks to Canada, starting with two locations in Toronto in 2015.

  • Leadership changes at J. M. Smucker Company

    The J. M. Smucker Company has elevated John Denman to VP of human resource operations, effective July 16, and has also elevated Jill Penrose to VP of human resources, effective July 1.

    Denman currently serves as VP, controller and chief accounting officer, and has been with the company for more than 30 years in various leadership positions in accounting and finance.

  • Lumber Liquidators formalizes sustainability team

    Lumber Liquidators has formalized its compliance and sustainability team headed by Raymond Cotton, who was appointed as chief compliance and sustainability officer in February and reports directly to president and CEO Robert M. Lynch.

    Cotton manages the company’s quality assurance, sustainable sourcing, loss prevention, risk management and compliance with legal and regulatory requirements of global trade.  

  • Burlington Stores CEO elevated to board chair

    Burlington Stores president and CEO Thomas A. Kingsbury has been elected as chairman of the board of directors.

  • Burlington Stores CEO elected chairman

    Burlington, N.J. -- Burlington Stores announced that Thomas A. Kingsbury, the company’s CEO and president, has been unanimously elected as chairman of the board.

    “We are excited to elect Tom to chair the board of directors of Burlington Stores,” the board said in a statement. “He has done an outstanding job as CEO since he joined the company in 2008. The growth of the business has been impressive under Tom’s leadership and we look forward to this continuing under Tom’s expanded role as chairman and CEO.”

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