Corporate Governance

By Jim Singer and Mark Langsfeld, [email protected], [email protected]

Want to read something scary? Here’s an excerpt of a review on Quiznos posted on a popular restaurant review site:

Atlanta -- The Home Depot has acquired Redbeacon, an online home services platform connecting consumers with contractors for their home maintenance, repair and remodeling needs. Terms of the agreement were not disclosed.

Redbeacon's leadership team will stay in place and will remain in San Mateo, Calif.
 

Matt Kistler is in a relatively new role at Walmart as SVP of merchandise execution and to explain what that means he is on the agenda for an upcoming event presented by Doing Business in Bentonville.

Kistler is scheduled to speak on February 8 at the DBB event which runs from 7 a.m. to 9 a.m. and will be held at the John Q. Hammons Center. He is expected to provide an overview of Walmart’s merchandise services unit that was created last year.

SAN FRANCISCO — Gap Inc. has announced that Tom Wyatt, president of its Old Navy brand, has resigned in order to take a position at another company outside of the apparel retail business, effective Feb. 3. The company has named two senior executives at Old Navy to lead the division, reporting to Gap Inc. chairman and CEO Glenn Murphy, while a formal search for a new brand president is under way.

PLEASANTON, Calif. — Safeway announced Friday that Tom Keller, president of the company's Vons Division, will retire after more than 40 years of distinguished service in the food industry. He will leave his post on Feb. 1. Gary Rocheleau, currently VP retail merchandising execution, will lead the Vons Division on an interim basis.

SAN ANTONIO, Texas — H-E-B is committed to improve the health of its customers by providing them with fresh, healthy and affordable food, and by supporting their healthy eating and weight-loss goals.

ROCHESTER, N.Y. — After weeks of speculation, Kodak and its U.S. subsidiaries officially filed voluntary petitions for Chapter 11 business reorganization.

BENTONVILLE, Ark. — In an unexpected turn of events, Brian Cornell is stepping down as Sam’s Club president and CEO and will be replaced by Rosalind Brewer who currently serves as president of the Walmart U.S. East business unit. The company announced a number of other senior personnel changes as well in advance of new fiscal year.

BENSALEM, Pa. — Charming Shoppes has announced the following executive leadership announcements.

SALISBURY, N.C. — Bottom Dollar Food announced grand opening dates for its first 14 stores in the greater Pittsburgh and Youngstown, Ohio, markets, with its first seven stores opening on Jan. 26. Seven additional stores will open on Feb. 9.