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Weber-Stephen names CEO
Weber-Stephen Products, a manufacturer of charcoal and gas grills, has named Thomas Koos as CEO, effective April 1. Current Weber-Stephen president and CEO Jim Stephen will become executive chairman of the company.
"Tom's global business experience, passion for building brands and deep knowledge of our distribution channels makes him a great fit for Weber," said Stephen. "I look forward to working with Tom and our team at Weber as we continue to expand and promote our strong brand around the world."
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Williams-Sonoma Q4 income up 9%, topping expectations
San Francisco — Williams-Sonoma reported that fourth-quarter earnings per share grew 15% to $1.34 and that quarterly revenue grew to $1.406 billion versus $1.268 billion in 2011, with comparable brand revenue growth of 4%.
Fiscal 2012 earnings per share grew 14% to $2.54. Net revenues for the year grew to $4.043 billion versus $3.721 billion in fiscal year ended January 29, 2012 with comparable brand revenue growth of 6.1%.