Kanter to leave Michaels end of May

IRVING, Texas Michaels Stores has announced that Harvey Kanter, evp and managing director, has decided to leave the company effective May 25 to pursue a top leadership role at another company.

Brian Cornell, ceo, said, "Harvey has made significant contributions to Michaels by assisting in our transformation to a consumer-driven organization and we appreciate his service. He has developed a strong team and we are confident they will ensure a smooth transition."

Until Kanter's replacement is named, the merchandising organization will report to Brian Cornell.