-
Online furniture retailer names new CEO
Jon Barker was named CEO at Omaha-based online furniture retailer Hayneedle to fill a position previously held by Doug Nielsen.
Barker most recently served as Hayneedle’s president and prior to that was COO. Nielsen will remain as the company’s chairman.
"We have incredible talent in our organization and Jon is an exceptional leader,” Doug said. “I am truly excited to have him lead our company during our next phase of growth.” Doug will continue to support Hayneedle as chairman of the board.
-
Paint stores group helps bolster Sherwin-Williams in first quarter
Sherwin-Williams chairman and CEO Christopher M. Connor said strong performance in the paint stores group helped fuel consolidated net sales in the first quarter, with a slight offset on domestic sales thanks to severe weather.
The company reported a slight drop in net income during the first quarter of fiscal 2014, to $115.46 million from $116.18 million. Net sales fared better, rising 9% to $2.37 billion from $2.17 billion.
Sherwin-Williams expects consolidated net sales to rise 8%-14% in the second quarter.