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Target exec joins Verizon board
NEW YORK — Verizon Communications has elected Kathryn A. Tesija, EVP of 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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Online retailer Gilt names new CEO
Discount luxury goods retailer Gilt appointed board member Michelle Peluso CEO effective at the end of February 2013 to replace company founder Kevin Ryan.
Peluso is currently the global consumer chief marketing and Internet officer at Citigroup and has served on the Gilt board since 2009. She fills the position held by Kevin Ryan who founded the innovative company in 2007 and will remain as chairman. Current chairman Susan Lyne will become vice chairman.