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International Business

  • Chobani founder named Ernst & Young National Entrepreneur of the Year

    NORWICH, N.Y. — Chobani founder Hamdi Ulukaya has won the Ernst & Young National Entrepreneur of the Year 2012 Retail and Consumer Products Award. Ulukaya was also awarded the Ernst & Young National Entrepreneur of the Year 2012 Overall Award.

    The Ernst & Young Entrepreneur of the Year Award encourages entrepreneurial activity and recognizes leaders and visionaries who demonstrate innovation, financial success and personal commitment as they create and build world-class businesses.

  • P&G’s Children’s Safe Drinking Water Program earns Economist Innovation Award

    CINCINNATI — P&G Children’s Safe Drinking Water Program has won the 2012 Economist Social Innovation Award.

    “As a Company, we are both honored by the recognition and inspired by our employees and global partners who have worked to deliver more than 5 billion liters of clean drinking water to families in developing countries, helping save nearly 30,000 lives,” said P&G CEO, president and chairman of the board, Bob McDonald.

  • Sears Canada names COO

    Toronto -- Sears Canada Inc. announced Friday that Douglas C. Campbell has been promoted to executive VP and COO, effective immediately.

    Campbell will oversee retail operations, logistics, replenishment, information technology and international sourcing, and lead the company's undertaking to improve efficiency across the enterprise.

    Campbell was most recently executive VP, home and hardlines, for the chain.

     

  • Avon names Patricia Perez-Ayala new SVP, CMO

    NEW YORK — Avon Products has appointed Patricia Perez-Ayala as SVP, CMO and global brand and category president, effective Dec. 3. In her new role, Perez-Ayala will report to Sheri McCoy, Avon's CEO, and will join the company's executive committee.
     

  • Ahold names COO of Ahold USA

    Amsterdam, the Netherlands -- Royal Ahold announced Thursday it has named James McCann as COO of Ahold USA, effective Jan. 1.

    McCann, who is the company’s current chief commercial and development officer, replaces Carl Schlicker, who is retiring.

     

  • Mattel names CEO Bryan G. Stockton chairman

    EL SEGUNDO, Calif. — Mattel’s board of directors has named CEO Bryan G. Stockton, 59, as chairman of the board, effective Jan. 1, 2013. The current chairman, Robert A. Eckert, 58, informed the board of his decision to retire from his service as director and chairman of the board, effective Dec. 31. Stockton will continue to function as CEO, a position he’s held since Jan. 2012.

  • Wal-Mart foreign bribery investigation expands

    New York -- Wal-Mart Stores reported in a regulatory filing that its investigation into violations of the Foreign Corrupt Practices Act, a federal antibribery law, has extended beyond Mexico to China, India and Brazil.  

  • Walmart Q3 sales miss Street, profit rises year-over-year

    Bentonville, Ark. -- Wal-Mart Stores Inc. reported Thursday net income of $3.64 billion for the quarter ended Oct. 31, up from $3.34 billion in the year-ago period.

    Sales rose 3.4% to $113.20 billion, as U.S. sales beat internal expectations but overall missed Wall Street’s expected $114.96 in revenue.

    Wal-Mart U.S. saw same-store sales rise 1.5%, marking the fifth consecutive quarter of same-store sales growth after nine straight quarterly declines. At Sam’s Club, same-store sales rose 2.7%, excluding fuel.

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