Corporate Governance

Amazon has confirmed that SVP and CFO Thomas J. Szkutak plans to retire from the company in June 2015. Succeeding him will be Brian T. Olsavsky, VP of finance for the company’s global consumer business, reporting to founder and CEO Jeffrey P. Bezos.

Szkutak has been Amazon’s CFO since joining the company in October 2002 and oversees the controller, treasury, investor relations, tax, internal audit and facilities functions as well as financial management of the company’s business units.

RetailMeNot has named former eBay executive Michael Jones as SVP of retailer and brand solutions as it seeks to grow its footprint.

Jones spent the last four years serving as VP of merchant development at eBay, where he was responsible for building and developing the company's business relationships with some of the largest brands and retailers in the world and growing the business of its largest customers. His responsibilities included sales, business development, merchant relations and operations for eBay's marketplace business.

QVC’s Claire Watts has resigned from her role as CEO of U.S. operations, effective Friday, Sept. 5, to pursue other opportunities.

CVS Caremark is changing its corporate name to CVS Health to reflect its broader health care commitment and its expertise in driving the innovations needed to shape the future of health.

Filip Technologies, developer of FiLIP, a wearable phone and locator for kids, has appointed former MapQuest executive Patrick McDevitt as SVP of engineering.

McDevitt will be in charge of the overall direction and growth of the company’s software engineering team as the company develops the next generation of wearable products for kids. He will report directly to Jonathan Peachey, CEO of Filip Technologies.

Keurig Green Mountain and The Coca Cola Company have expanded their agreement to include select beverages from Coca Cola’s still brands portfolio in the Keurig hot brewing system in the United States and Canada. As such, Honest Tea will be the first brand from The Coca Cola Company available in K-Cup packs.

Keith Sherwell, who served as CIO of Sears Holding Corp from March 2010 to June 2013, has been named CIO of the Office Depot international division, effective Sept. 15. Sherwell advised the board of OfficeMax during merger negotiations with Office Depot, and has served as a technology integration consultant to Office Depot since the completion of the merger in November 2013.

Wet Seal CEO John D. Goodman has resigned from the role he took in January 2013. He was charged with turning things around for the struggling retailer and replaced Susan McGalla, who was herself ousted after 11 months amid declining sales.

Meijer is preparing to hire thousands of new employees for its stores as the growing company prepares for the fall and holiday selling seasons, announced Janet Emerson, EVP of operations for the Grand Rapids, Mich.-based retailer.

"Meijer is always looking for good people," Emerson said. "Our continued growth provides a great opportunity to find new team members who will help deliver on the Meijer promise of providing exceptional customer service."

Christopher & Banks president and CEO LuAnn Via said financial results for the second quarter ended Aug. 2 were solid, adding that the company made continued progress toward its long-term growth objectives.

Net sales at the specialty women’s apparel retailer totaled $106.6 million, an increase of 2.3% from $104.2 million for the year-ago period. During the quarter, the company operated an average of 9.3% fewer stores than during the comparable period last year. Same-store sales increased 2.6%.