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International Business

  • Walgreens names new general counsel

    DEERFIELD, Ill. — Walgreens on Monday named Thomas Sabatino Jr. EVP, general counsel and corporate secretary, effective Sept. 12.

    Sabatino replaces Dana Green, who is retiring after 37 years with the company, Walgreens stated.

  • Gap to open stores in Vietnam and Guam

    San Francisco -- Gap said Tuesday it plans to open stores in both Vietnam and Guam as part of the retailer’s efforts to ramp up overseas expansion.

    A Gap store is slated to open in Vietnam in October, followed by a Banana Republic store in late 2012.

    The first two Gap stores will open in Ho Chi Minh City as part of a franchise deal with Imex Pan Pacific, with additional stores set for Hanoi in 2012.

  • Pantry CEO steps down

    Cary, N.C. -- The Pantry said Monday that CEO Terrance M. Marks plans to resign within two months.

    In a statement, Marks said that his decision was driven by personal reasons, and that he had accepted "an opportunity that will enable me to return to my home and family in Atlanta."

  • Estée Lauder CFO to retire in 2013

    NEW YORK — The Estée Lauder Companies announced that Richard Kunes, EVP and CFO, plans to retire effective on or about June 30, 2013. Kunes intends to continue to serve the company as CFO until June 30, 2012, or such earlier time as his successor begins to serve as CFO. Thereafter, he will continue his relationship with the company as EVP, senior advisor to the CEO, and work on special projects through June 30, 2013. The company will begin to assess internal personnel as well as external candidates for CFO.

  • Gap pledges 20% reduction in greenhouse gas emissions by 2015

    San Francisco -- Gap Monday today released its fifth Social and Environmental Responsibility report, a comprehensive update on its supply chain operations, environmental programs and community investment efforts from 2009 to 2010.

    In the report, the company committed to reducing the absolute greenhouse gas emissions from its operations in the United States by 20% by 2015, when compared with 2008 levels. This follows an earlier 20%  decrease in greenhouse gas emissions from 2003 to 2008.

  • Tomra North America names new president

    SHELTON, Conn. — Tomra of North America Inc., a wholly owned subsidiary of Tomra Systems ASA and leading global provider of advanced recycling solutions, today announced the appointment of Harald Henriksen as the new president and CEO of Tomra of North America. Henriksen, who joined Tomra ASA in 2004, previously served as SVP technology based in Norway.

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