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Nordstrom creates new executive role
Nordstrom has added the title of chief innovation officer to its executive team. The department store retailer named company veteran Geevy Thomas to the new position. Thomas, who most recently served as president of Nordstrom Rack, brings 34 years of experience in all areas of Nordstrom to this role, beginning as a salesperson and then moving into store, regional and buying management roles. -
Rent-A-Center on hunt for a new CEO
The founder of Rent-A-Center has returned to lead the company while it looks for a new CEO. The nation's largest rent-to-own operator said that Robert D. Davis has resigned as CEO and director, effective immediately. A 23-year company veteran, Davis was named CEO in February 2014 after holding a variety of management positions.