Content about chairman and CEO

July 11, 2014

On Thursday, July 10, The Toro Company looked back on a century's worth of farm and ranch innovations during its 100th annivesary celebration.

More than 2,000 employees, retirees, partners and guests came to the company headquarters in Bloomington, Minnesota, including Minnesota Governor Mark Dayton and Bloomington Mayor Gene Winstead.

May 22, 2014

Hoffman Estates, Illinois-based Sears Holdings chairman and CEO Edward Lampert beat the drum of “transformation,” as the retailer posted another quarter of declines in consolidated sales and earnings.

The good news: Online and multichannel sales grew 26% over the same quarter last year. And Sears Domestic comp-store sales grew 0.2%.

May 16, 2014

Cemex has announced two successors to the late Lorenzo Zambrano's title as chairman and CEO of the company.

The board has unanimously appointed director Rogelio Zambrano as chairman and former EVP finance and administration Fernando Gonzalez as CEO, effective immediately.

The move came swiftly after the passing of longtime chairman and CEO Lorenzo Zambrano, who died unexpectedly on Monday during a business trip in Madrid.

May 8, 2014

There are more store closings in Sears’ future. In an address at Sears Holding Corp.’s annual shareholders meeting, chairman and CEO Edward Lampert said the company would close stores and look for ways to leverage its real estate as it continues to focus on integrated omnichannel retail and its Shop Your Way rewards program.

"Closing stores is going to be part of our future," Lampert said. "I'd rather do (fewer closures) rather than more, but the world has shifted."

April 23, 2014

Installed Building Products, Inc., a Columbus, Ohio-based residential installer of insulation products, has named Robert Schottenstein to its board of directors.

“I am extremely pleased to welcome Robert to our Board,” stated Jeff Edwards, chairman and CEO of IBP. "As chairman and chief executive officer of a leading publicly traded homebuilder, Robert brings a wealth of experience to IBP, particularly related to residential construction markets and corporate management, and complements the significant expertise and depth of our current board members.”

April 17, 2014

Marysville, Ohio-based Scotts Miracle-Gro Company named Randy Coleman as executive VP and CFO.

Coleman replaces Larry Hilsheimer, who has left the company after slighlty more than a year in his role.

Chairman and CEO Jim Hagedorn described Coleman as a better fit for the position.

April 15, 2014

Sears Holdings has tapped Arun Arora as SVP and president, Home Services, in which role he will take charge of the business unit's In-Home Repair Services, Service Contracts, Carry-In Repair, Sears Home Improvement Services, Parts Direct, Commercial Sales and Sears Franchise Businesses.

April 14, 2014

Owens Corning CEO Mike Thaman says the company is honored to receive a Green Cross.

The National Safety Council has awarded Owens Corning with the 2014 Green Cross for Safety Medal, the top honor given annually to an organization with an outstanding safety record and a proven commitment to its community.

April 4, 2014

Former Home Depot executive Troy Rice has joined Office Depot as EVP retail as the office products company continues to build out its senior leadership team in the wake of its merger with OfficeMax.

Rice replaces Juan Guerrero and will report directly to Roland Smith, chairman and CEO of Office Depot.

March 26, 2014

Installed Building Products, Inc., a Columbus, Ohio-based installer of insulation products, has completed its acquisition of U.S. Insulation Corp.

“We are pleased to announce the addition of U.S. Insulation Corp. to the IBP team as we continue to expand our national platform,” stated Jeff Edwards, chairman and CEO of IBP. “The addition of these two established branch locations deepens our presence in the New York Tri-State region and we expect these locations to contribute positively to our overall operations immediately.”

February 28, 2014

The Home Depot has named Craig Menear president, U.S. retail, and Mark Holifield EVP supply chain and product development.

"Craig is a world-class retailer and has done a terrific job in recent years leading some of the most important and successful initiatives in our company," said Frank Blake, chairman and CEO. "And Mark has successfully led one of the most extensive supply chain transformations in retail history. Both are very deserving of their new leadership roles, and I look forward to their continuing contributions to our business."

February 20, 2014

Whirlpool Corporation has elected Geraldine "Gerri" Elliott, EVP and chief customer officer at Juniper Networks, to its board of directors.

February 11, 2014

The Scotts Miracle-Gro Company has committed to a multi-year program in which it will fund environmental groups and academic institutions invested in researching solutions to Florida's water quality issues. Additionally, it will launch a multimedia consumer education campaign aimed at teaching homeowners to balance lawncare needs with water conservation.

January 31, 2014

LED bulb maker Cree announced that John Replogle, president and CEO, Seventh Generation, has been appointed to the company’s board of directors.

“John will be a great addition to our board of directors,” said Chuck Swoboda, Cree chairman and CEO. “He has a proven track record of successfully managing global companies and brands, and we welcome the opportunity to work with John as we carry out our mission to lead the LED lighting revolution.”

January 27, 2014

The Toro Co. is turning 100 this July, but plans are already under way for its year-long centennial.

In reflecting on the longevity of the company, Michael J. Hoffman, Toro’s chairman and CEO, cites “the character of our people and channel partners, and their relentless commitment to serving our customers and building market leadership through innovation.”

January 24, 2014

Stanley Black & Decker's fourth-quarter earnings dropped 89% on a year-ago basis, due in large part to its mergers and acquisitions activities.

January 23, 2014

RPM International's Rust-Oleum Group has acquired Citadel Restoration and Repair, a St. Paul, Minn.-based floor coatings business.

"Citadel has an outstanding technology platform that we believe can be rapidly expanded in the marketplace by utilizing Rust-Oleum's marketing and distribution expertise," stated Frank C. Sullivan, RPM chairman and CEO. "Patrick Ilfrey, majority owner of Citadel, will continue to lead the Citadel business as part of the Rust-Oleum Group."

January 23, 2014

The Home Depot announced Thursday that it has closed its acquisition of Blinds.com, the Houston-based online window coverings retailer.

In explaining the appeal of the partnership, Home Depot cited Blinds.com's integrated user experience, on-demand staff and knowledge base.

January 16, 2014

Lifetime Brands has purchased Kitchen Craft, a U.K. kitchenware products and accessories supplier formally known as Thomas Plant (Birmingham) Ltd.

"Kitchen Craft's broad ranges of kitchenware products fill a gap in our existing U.K. housewares assortment that will complement the tableware and gift assortments marketed by Creative Tops," said Lifetime Brands chairman and CEO Jeffrey Siegel.

January 15, 2014

Acme Lift Co. has a new senior executive -- Mike Crouch, most recently Volvo Rents' VP business development, is assuming the role of president and COO.

January 3, 2014

In the midst of its ongoing brand makeover, Bostik has been operating under a new visual identity since mid-November, featuring "Smart Adhesives" as its new tagline and a gecko in its logo.

According to the company, the new tagline aims to strengthen its position as a developer of innovative, efficient adhesive solutions.

With its reputation for superior bonding abilities that allow it to cling to various surfaces, the gecko reinforces this message.

December 30, 2013

Bob Varakian and Stephen Spitz were appointed to new roles at kitchenware and tabletop manufacturer Lifetime Brands.

Varakian will serve as group president of the company's cutlery/cutting boards and cookware/bakeware divisions, effective Jan. 6. He will report to Lifetime chairman and CEO Jeffrey Siegel. The company also named Stephen Spitz to the role of president for the cutlery/cutting boards division, and he will report to Varakian.

December 16, 2013

Vulcan Materials Company has made a few changes to its management structure, all of which are effective Jan. 1, as part of an ongong succession process.

December 11, 2013

The Home Depot reaffirmed its fiscal guidance for 2013, as well as updated its 2014 financial outlook, wherein the company now expects to meet a 2015 profitability goal a year earlier than expected.

The company had originally announced an operating margin goal of 12% in June 2012, as well as a 24% reutn on invested capital goal, for the end of fiscal 2015. According to the statement released Wednesday, Home Depot expects to reach these benchmarks by the end of fiscal 2014. 

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