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Corporate Governance

  • Von Maur adds Brooks Brothers to brands portfolio

    DAVENPORT, Iowa — Von Maur has partnered with Brooks Brothers to sell the brand in its stores, making the retailer the second department store in the nation to carry the exclusive line.

    The Brooks Brothers line will be available in six stores in fall 2013, and will expand to 13 in spring 2014.

  • Email delivery services provider names e-commerce exec as CEO

    LAS VEGAS — SMTP, Inc., a global provider of email delivery services, has appointed Jon Strimling as CEO of the company.

    "Jon is a proven executive and entrepreneur, with a track record of driving revenue and earnings growth," stated Semyon Dukach, chairman of SMTP. "His deep experience in operations, marketing and e-commerce will prove invaluable as he leads SMTP through its next phase of growth."

  • PNC bolsters board

    PITTSBURGH — The PNC Financial Services Group has appointed Andrew Feldstein to its board of directors. Feldstein is co-founder, CEO and chief investment officer of BlueMountain Capital Management, LLC.

    "Mr. Feldstein brings a reputation for innovation and additional risk management expertise to the board," said PNC executive chairman James E. Rohr. "His vision and experience should benefit PNC as we seek to grow our business and further strengthen our balance sheet."

  • EyeLock appoints accounts exec as it readies for growth

    NEW YORK — EyeLock Inc., a leading provider of iris-based identity authentication products and technology, has appointed Michael Fiorito as VP of enterprise accounts.

    In this role, Fiorito will be responsible for managing all enterprise accounts and helping spearhead business development efforts which will expand EyeLock's footprint in the United States.

  • Changing of the financial guard at United Stationers

    DEERFIELD, Ill. — United Stationers has announced that SVP and CFO Fareed Khan has decided to leave the company to accept a position with another firm.  

  • Terminix brings pest control to Canada

    MEMPHIS, Tenn. — Terminix has entered the Canadian pest control market with the acquisition of substantially all the assets of Toronto-based Magical Pest Control. It is the first Canadian asset acquisition for the company.

    Founded in 1997, Magical Pest Control is one of the largest pest control companies in Ontario. It specializes in commercial accounts and the property management sector, while also treating residential customers. The Toronto company, headed by president Mark Joseph, served customers throughout Ontario and eastern Canada.

  • Versatile reshuffles executive leadership team

    Vancouver-based Versatile Systems announced that Robert Joyce has resigned as a director and officer of Versatile and all its subsidiary companies. Joyce will continue working with the company as a consultant, and will assist in the management transition process.

    Versatile also appointed Kenneth Kahn as president of Versatile Systems Inc. and its subsidiaries. Kahn was most recently EVP and global brand officer for Mood Media.

  • Nordstrom Q2 income up, but cuts forecast on soft sales

    Seattle -- Nordstrom said its net income for the fiscal second quarter, ended Aug. 3, rose to $184 million from $156 million in the year-ago period. But the department store retailer cut its yearly forecast, citing softer-than-anticipated sales trends.

    Nordstrom said revenue rose 6.4% % to $3.1 billion, short of the $3.29 billion Wall Street expected. Total company same-store sales increased 4.4%.

  • Dover Saddlery makes exec appointment

    Littleton, Mass. -- Dover Saddlery, a multichannel retailer of equestrian products, announced the hiring of James Cullen to the newly created position of executive VP.

    Cullen has over twenty five years of leadership experience in operations, finance and marketing, with particular expertise in the retail and distribution sectors including most recently, among others, Bakers Footwear Inc., and Reeds Jeweler, Inc.

     

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