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ChannelAdvisor bolsters executive team
ChannelAdvisor, a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, has promoted Jordan Weinstein to the role of managing director, EMEA.
Weinstein will be responsible for developing the company’s local strategy and direction for growth. Along with this appointment, ChannelAdvisor has expanded its European management team with four new directors in the EMEA region.
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The Wet Seal board makes changes
The Wet Seal board has decided to reduce the cash compensation for its directors by 20% for the remainder of fiscal 2014 and to reduce the number of director nominees to be elected at its upcoming annual meeting from nine to seven.
“By reducing director compensation and the number of directors nominated for election at our 2014 annual meeting, the board is doing its part to ensure it can respond quickly to issues as they arise and support the cost reduction efforts already taken by management,” said non-executive chairperson Lynda Davey.