Corporate Governance

Mountain View, Calif. – Google Inc. is reportedly studying the effect color has on consumer purchase decisions, among other issues. According to Reuters, the company has found a clear link between color and employee satisfaction with their workspaces, and is still in the early stages of research.  

New Albany, Ohio – Steve Davis has resigned as CEO of Bob Evans Farms Inc. by mutual agreement with the board of directors. The official change will take place immediately, but Davis will remain with the company through the end of the year to assist with the transition process.  

Phoenix – PetSmart Inc. has agreed to be purchased for about $8.7 billion by a consortium of buyers led by private equity firm B.C. Partners and also including pension fund manager La Caisse de dépôt et placement du Québec and private equity firm StepStone. The total figure represents an acquisition price of $83 per share, a 39% premium over PetSmart’s closing price on July 2, 2014.  

West Chester, Penn. – QVC has named Mathias Bork to the position of CEO of QVC Germany, effective Jan. 1, 2015. Bork will be responsible for overseeing QVC's operations and growth in the Germany market.   Bork succeeds Steve Hofmann, CEO of QVC Europe, who has held the role of interim CEO of QVC Germany since the end of 2013. Bork will continue to report to Hofmann.   

Canton, Mass. – Dunkin’ Donuts opened six new restaurants and remodeled one location with existing franchise partners during the last several weeks in  the Miami-Fort Lauderdale market. Currently, there are more than 150 Dunkin' Donuts restaurants located throughout the area.    In total, there are more than Dunkin’ Donuts 150 restaurants in the Miami-Fort Lauderdale market.

New York – Online fashion rental company Rent the Runway has partnered with innovation agency Redscout to help create the brand's new positioning, voice, logo and visual identity. Redscout helped Rent the Runway combine the two main focuses of the business, technology and fashion, into one synergistic and thoughtful vision across its online, mobile and brick-and-mortar platforms.  

Cincinnati – Retail real estate services provider Phillips Edison & Company has named Thomas L. Drake, CPA to the role of VP of tax. In his new role, Drake will be responsible for leading all aspects of the tax functions for the organization.  

More than 3,200 military members, veterans and their families attended the Holiday for Heroes event at Mall of America.

The mall, working with Beyond the Yellow Ribbon, invited attendees to enjoy unlimited rides at Nickelodeon Universe, free breakfast at Hard Rock Cafe, a military resource fair, visits with Santa, an ugly sweater photo booth and prizes valued at more than $200.

This is the first year Mall of America has hosted Holiday for Heroes.