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Corporate Governance

  • Versatile Systems taps new financial chief

    Versatile Systems, a multi-disciplinary technology company with solutions across the mobile, digital signage, IT infrastructure, software and hardware landscape, has appointed Vicki Turjan as chief financial officer.

    The company is turning to Turjan to enhance its growth and increase operational efficiencies.

  • River's End Trading Company names former Lands’ End exec as CEO

    River's End Trading Company, a supplier of apparel and accessories to the promotional products and ad specialty industries as well as the imprinted sportswear and uniform markets, has appointed former Lands’ End executive John Maher as CEO.

    The company also announced a capital investment from GCI, a leading private equity firm. Financial terms were not released.

  • Best Buy exec heads to Zynga as CFO, chief accounting officer

    Zynga, a leading social game developer, has appointed former Best Buy executive David Lee as CFO and chief accounting officer, effective April 14. Lee will report directly to CEO Don Mattrick.

    He succeeds CFO and CAO Mark Vranesh who is leaving the company. Vranesh will work with Lee over the next month to ensure a seamless transition of responsibilities, according to the company.

  • Staples takes 3D-printing in-store experience to N.Y. and L.A.

    Staples has partnered with 3D Systems, a leading provider of 3D content-to-print solutions, to pilot 3D printing services in two stores in New York and Los Angeles.

    Each store features an immersive 3D printing experience center that lets consumers and small businesses create personalized products and use 3D printing hardware. Customers can also bring in their own 3D print-ready files to have them printed.

  • Walmart CEO congratulates Sylvia Mathews Burwell on presidential nomination

    Walmart president and CEO Doug McMillon today issued a statement congratulating Sylvia Mathews Burwell on her nomination as Secretary of Health and Human Services.

  • L'Oréal Paris taps new celebrity hair colorist

    L'Oréal Paris has added celebrity hair colorist Kari Hill to its roster of experts, the beauty brand announced.

    With more than 15 years of experience coloring some of the most well-known manes in Hollywood, Hill’s artistic perspective lends to her mastery of varied hair coloring techniques. She will join L'Oréal Paris global consulting colorist Christophe Robin in lending her insights and expertise to trend forecasting, product development, content creation and consumer education for the brand.

  • Costco shines in March as other retailers muddle through

    New York -- March was a so-so month for retailers, whose performance was impacted by unspring-like, cold temperatures in many parts of the country and a late Easter. (Easter falls on April 20 this year as opposed to March 31 last year.)

    The eight retailers tracked by Thomson Reuters posted a 2.2% increase in March same-store sales, better than the expected 1.4% increase.

  • Pier 1 has stormy Q4

    Fort Worth, Texas – Snowstorms that affected as many as two-thirds of the selling days in the fourth quarter of fiscal 2014 in some key markets dampened financial performance at Pier 1 Imports Inc.

    Compared to the same period the prior year, net income fell 31% to $42.6 million from $61.7 million. Total sales fell 6% to $515.8 million from $551.6 million and same-store sales dropped 4.6%.

  • IBM to acquire Silverpop digital marketing software provider

    Armonk, N.Y. -- IBM Corp. announced it will acquire digital marketing technology provider Silverpop. The Atlanta-based Silverpop allows marketers to target highly personalized offers and promotions. IBM said the technology will enhance its enterprise marketing capabilities.

    Financial terms of the deal were not disclosed.

  • Zynga names former Best Buy exec as CFO

    San Francisco -- Zynga Inc. named former Best Buy executive David Lee as CFO, effective April 14, as the online games company and creator of “Farmville” seeks to return to growth. He will replace current CFO Mark Vranesh who has decided to leave the company.

    Lee was previously the senior VP of corporate finance, treasury, mergers and acquisitions and corporate strategy at Best Buy.

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