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Target exec elected to Verizon's board of directors
New York — Verizon Communications has elected Kathryn A. Tesija, EVP merchandising and supply chain at Target to the Verizon board of directors, effective immediately.
"Kathee Tesija brings to Verizon her valuable consumer insight as well as significant experience in managing the complex, large-scale, global retail functions of merchandising and supply chain," said Lowell C. McAdam, Verizon chairman and CEO.
The addition of Tesija brings Verizon's total board membership to 12.
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Dick's Sporting Goods to pay special dividend ahead of fical cliff
New York -- Dick’s Sporting goods will pay $2 special dividend before year end in a move to help investors avoid what are presumed to be higher dividend tax rates in 2013 and beyond.
The dividend payment will be made from cash on hand, according to the company.