Corporate Governance

FAIRPORT HARBOR, Ohio — OurPet's president John M. Silvestri has resigned citing personal reasons and will leave the company after July 5. Silvestri has been with the leading proprietary pet supply company since Feb. 12, 2012. 

"John's departure is voluntary and without any disputes,” said chairman and CEO Dr. Steven Tsengas. “We will miss John as he brought many best practices to our company that are facilitating our growth and development. We wish him the best of everything in wherever his future takes him." 

Redwood Shores, Calif. -- Coldwater Creek has deployed Oracle Retail’s suite of integrated merchandise planning and optimization solutions as part of a strategic initiative to increase full-price selling and improve the productivity and profitability of store, online and catalog channels. The women’s apparel retailer is using the new planning solutions to reduce aged inventory and ensure that popular items are consistently in stock.

LOS ANGELES — Virtual Piggy, an online service that allows parents to monitor their children's online shopping behavior, has appointed Laura Janke Jaeger as general counsel. 

Jaeger has more than 20 years of experience advising boards and management teams on strategic and financing activities, as well as transactional and other corporate and regulatory issues. 

Bolingbrook, Ill. -- Ulta Beauty has selected Mary Dillon, the president and CEO of U.S. Cellular, as CEO, effective July 1, 2013. She replaces Dennis K. Eck, who has been serving as interim CEO of Ulta since CEO Chuck Rubin left to head up Michaels.

Dillon, 52, who will also become a member of Ulta’s board, has served in the top spot at U.S. Cellular since 2010. Previously, she was global chief marketing officer and executive VP for McDonald's Corp.

Ulta Beauty announced that Mary Dillon will be the company's new CEO. She begins her new role July 1, at which time interim CEO Dennis Eck will step down.

Eck has been interim CEO since February, when Chuck Rubin stepped down as president, CEO and director to become CEO at arts and crafts specialty retailer Michaels.

New York -- The Rana Plaza factory collapse in Bangladesh that killed more than 1,100 people highlights the serious risks that labor conditions can pose not only to workers, but also to organizations’ reputations, supply chains, and bottom lines, according to a report by global insurance broking and risk management firm Marsh.

ROANOKE, Va. — Advance Auto Parts has promoted Donna Justiss to the position of SVP and chief information officer. Justiss will report to EVP and CFO Mike Norona, and will continue to be based in Roanoke, Va.

She will be responsible for the strategic leadership of all aspects of Advance’s Information Technology area, including application development and support, infrastructure and information security. 

New York -- George Zimmer, the founder of Men's Wearhouse Inc., resigned from the company board of directors on Monday, according to a letter he sent the board, which was obtained by Reuters.
   
Last week, Zimmer was fired as the company's executive chairman. On Monday he submitted a letter resigning from the board. In the letter, Zimmer said it was "clear" he was fired by the board "to avoid addressing my growing concerns with recent board decisions."