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Wal-Mart shaking up, shrinking its board
Wal-Mart Stores on Thursday announced changes to its board of director of directors that it said were designed to make to make it more nimble and able to respond quicker to today’s fast-changing market.
As part of the changes, four current board members — Aida Alvarez, Roger Corbett, Mike Duke and Jim Walton — will retire and not stand for re-election. In addition, the retailer is shrinking its board by three members to 12, a move that brings it more in line with the size of most U.S. corporation boards.
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Nordstrom vet to join The Finish Line
The Finish Line said that John Hall will join the company in mid-May as executive VP, divisional president and chief merchandising officer.
Hall, a 30-year Nordstrom executive, most recently served as VP, corporate merchandiser of Rack Menswear.
At Finish Line, Hall’s focus will span across consumer engagement touchpoints including stores and digital operations, merchandising and strategies involving the company’s product vision. He will drive the retailer’s brand growth strategies.
