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Burlington Stores CEO elected chairman
Burlington, N.J. -- Burlington Stores announced that Thomas A. Kingsbury, the company’s CEO and president, has been unanimously elected as chairman of the board.
“We are excited to elect Tom to chair the board of directors of Burlington Stores,” the board said in a statement. “He has done an outstanding job as CEO since he joined the company in 2008. The growth of the business has been impressive under Tom’s leadership and we look forward to this continuing under Tom’s expanded role as chairman and CEO.”
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99 Cents Only taps interim financial chief
99 Cents Only Stores named Christopher Laurence as the company's interim CFO, treasurer and secretary. Laurence replaces Frank Schools, who resigned to pursue other opportunities.
Laurence joins 99 Cents Only Stores from ThreeSixty Group, a product development and sourcing company for consumer product brands and retailers. He served as its CEO for the past six years and during his 12 tenure also served in a number of key management positions.