Labor & Employment

Experienced investment industry executive David R. O’Reilly has been named chief financial officer of The Howard Hughes Corporation and will assume the office on Oct. 17. He fills the vacancy left by retired CFO Andrew Richardson.   O’Reilly joins the company from Parkway Properties, a Florida-based real estate investment trust whose portfolio is focused on office properties.  Previously, he served in senior executive positions at Banyan Street Capital, Barclays Capital, and Lehman Brothers.  

The retail industry saw an increase of 10,000 jobs in September over August, according to the National Retail Federation.   The gains came as the Labor Department announced that the U.S. economy overall gained 156,000 jobs.  

Chico's FAS announced that Diane Ellis has been appointed president of its Chico’s brand, effective November 1, 2016.      Ellis joins Chico's from The Limited, where she has served as CEO and president since 2013.       Prior to The Limited, Ellis spent six years as president and COO of Brooks Brothers, where she led the stores, ecommerce, IT, HR, sourcing, product development, finance, supply chain and planning functions in support of the global operations of the brand.

The Retail Industry Leaders Association (RILA) is merging its sustainability-focused conference with Sustainable Brands.     Beginning in 2017, the two will produce a single conference together than includes a retail-specific program track, in addition to Sustainable Brands’ usual program, which covers sustainability-led brand innovation across multiple consumer-facing industries.  

Updated regulations take effect Dec. 1 — are you ready?

In response to concern that wages at the low end of the pay scale were slow to rise, particularly for store managers and assistant store managers, the United States Department of Labor updated the Fair Labor Standards Act regulations defining which white collar workers must be paid overtime pay.

VF. Corp., whose brands include The North Face, Timberland and Nautica, will have a new chief executive come January.   The company announced that president and COO Steven E. Rendle will become CEO, effective Jan. 1, 2017. Rendle, 57, will succeed Eric C. Wiseman, who will continue to serve as executive chairman and work with Rendle to ensure a successful transition.    Rendle has more than 30 years of experience in the specialty outdoor and action sports industry, 16 of which have been with VF.

Gordon Brothers Group has a new name.   The 113 year-old, global advisory, restructuring, and investment firm said that all of its operating units will now be marketing under one name: Gordon Brothers.  

Ahold Delhaize on Wednesday announced that management board member James McCann had resigned to move into non-executive and advisory roles. The company has named Kevin Holt, Delhaize America CEO and Ahold Delhaize management board member, as his successor.