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Green Innovations taps new CEO
Green Innovations has promoted its VP of sales Jeff Thurgood to CEO
Thurgood has 30 years of industry experience including 16 years with Kimberly-Clark, where he served in the corporate headquarters as national merchandising manager of Huggies Baby Wipes, Depend and Poise Adult Care brands, and as trade marketing director of Target Brands.
Thurgood succeeds Philip Rundle who will serve as a consultant to the company through year-end. According to the company, Rundle is resigning as CEO and member of the board because of a family health matter.
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Fred's CEO focuses on key wins in Q2
Fred’s second-quarter results reflected the company’s strategic decision to build its business model for the future as a convenience/pharmacy-centric store, driven by data-based inventory management, according to CEO Bruce Efird.
The company reported a net loss of $16.4 million for the quarter. Fred's total sales for the second quarter of fiscal 2014 increased 2% to $491.2 million. On a comparable-store basis, second-quarter sales decreased 0.1%.