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Shopping center developer Edens names CEO
Columbia, S.C. – Edens, an owner and developer of community shopping centers, has named Jodie W. McLean as CEO, effective June 30. McLean will replace Terry S. Brown, who is stepping down as chairman and CEO.
McLean has been a member of the Edens leadership team for 18 years. Brown became CEO and joined the company's board of directors in 2002, and became chairman of the board in 2013.
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Amazon swings to Q1 loss on higher expenses; Web Services booms
Seattle – Increases in expenses including fulfillment, marketing and technology helped swing Amazon.com to a net loss of $57 million in the first quarter of fiscal 2015 from net income of $108 million the same quarter a year earlier. Amazon met Wall Street expectations with the loss.
Amazon fared better with net sales, which increased 15% to $22.72 billion from $19.74 billion. In North America, net sales grew 24% to $13.41 billion from $10.08 billion.

