Corporate Governance

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ATLANTA — Elavon, a leading global payments provider and wholly owned subsidiary of U.S. Bancorp, has promoted Simon Haslam to the position of president and CEO. Haslam succeeds Mike Passilla, who recently departed the company.

Haslam joined Elavon in 2005 and was president of Elavon International Markets. He is credited with leading Elavon’s successful expansion throughout Europe, South America and Latin America, including the company’s recently completed joint venture with Banco Santander.

CHICAGO — The Hillshire Brands Company has appointed David W. Stahl as its new CIO. Stahl will oversee all IT strategy and planning activities and will provide executive leadership and direction for IT. He will report to Maria Henry, CFO.

DALLAS — HoneyBaked has entered into a software licensing agreement with PeopleAnswers. Under the agreement, the food retailer will leverage the PeopleAnswers HR-focused business solution to upgrade its recruiting process and increase employee retention and performance in its 111 company-owned stores.

NEW YORK — Foot Locker has started the ball rolling toward acquiring Runners Point Warenhandelsges, a specialty athletic store and online retailer based in Recklinghausen, Germany, for a total cash consideration of approximately $94 million. 

WESTBORO, Mass. — Modell’s has selected Micros-Retail, a leading provider of retail technology for the specialty and general merchandise retail industry, to help it improve customer experience, modernize IT for the stores and streamline day-to-day functions.