SHOPKO NAMES INTERIM CEO: ShopKo Stores Inc. tapped Jeffrey Girard as interim chief executive while it searches for a full-time replacement for William Podany, who resigned as president and ceo for personal reasons.
In a statement, chairman Jack Eugster noted, “This is an appropriate time to seek the leadership ShopKo will need to pursue its next stage of growth.”
The first step in that process, he said, was moving Girard, who has been on the board of the Green Bay, Wis.-based firm since 1991, to the permanent position of vice chairman of finance and administration. Girard has held several senior positions at Supervalu Inc. and Supermarkets General Corp.
Eugster noted, “The company’s three key goals — reduce debt, improve return on assets and establish a profitable, growth-oriented model at Pamida — are beginning to take hold, evidenced by the $203 million of debt reduction realized in fiscal 2001.”
On a conference call with analysts, Girard said no other executive management changes are planned and that the move is “not a signal of any type of strategic change.”
As reported, for the year ended Feb. 2, ShopKo’s net income totaled $28.2 million. This compared with a net loss of $15.8 million in the previous year. Without special charges and gains, fiscal 2000 earnings would have reached $31.5 million.For fiscal 2001, sales slipped 4.1 percent to $3.39 billion from $3.53 billion.
GHIZE MOVES UP AT DONEGER: Reorganizing its top ranks, The Doneger Group has promoted Leslie J. Ghize to senior vice president overseeing the D3 and TFS trend forecast and creative services division, the technology and online businesses, marketing initiatives and the HDA International unit.
The advancement for Ghize reflects strategic shifts at the 56-year-old Doneger firm, which over the last several years has evolved from a traditional buying office operation to a more diversified consulting and merchandising organization with information services. Ghize was managing director of creative and online services and works closely with Abbey Doneger, president. Prior to joining Doneger in July 1998, Ghize was with Talbots.
Doneger also said Friday that Sheilah O’Reilly, formerly director of online services, has been named marketing director, reporting to Ghize. O’Reilly has been instrumental in managing the company’s online offerings, including Doneger Marketplace, a virtual showroom. Prior to joining Doneger in May 1999, she also was with Talbots.
Ghize and O’Reilly are assuming responsibilities that were held by Gae Marino, who left the company March 29.
In addition, Doneger announced three other promotions. Roseanne Cumella, formerly general merchandise manager, has become senior vice president of merchandising over dresses, suits, outerwear, accessories and intimate apparel. Cumella joined the company in 1986.
Mark Minsky, formerly general merchandise manager, was elevated to senior vice president of merchandising for men’s and children’s wear, women’s sportswear and the Doneger Buying Connection plus-size business. Minsky joined Doneger in February 2001 and was with Bob’s Stores, Caldor and May Co.
Tracey Nguyen, formerly sales account representative Doneger Online Services, has been promoted to manager of online services, reporting to O’Reilly.
TYTE PROMOTES KOLBER: The parent company of Tyte Jeans on Monday promoted Billy Kolber to the new position of division president over Tyte.
He will be responsible for all sales for that division of Los Angeles-based 4Whatitsworth Inc. For the last six years, Kolber served as northeastern sales manager for Tyte.
He reports to Alden Halpern, chief executive of 4Whatitsworth, who called Kolber “an integral part of our company.” Kolber will continue to operate out of Tyte’s New York showroom, which this month moved into a larger 1,800-square-foot showroom at 1407 Broadway.
KRASCELLA NAMED CREATIVE DIRECTOR: Jed Krascella has been promoted to executive vice president and creative director of Limited Design Services Inc., a division of The Limited Inc.
He reports to Marie-Holman Rao, president of Limited Design Services.
Krascella joined the division in April 1999 as vice president and creative director. Before that, he was vice president of design at Perry Ellis, responsible for the women’s apparel collection and for creative direction for the licensed lines of furs, legwear, coats and the home collection; as well as the startup of the Perry Ellis Menswear Co.
NEW CREATIVE CHIEF AT BAUER: Eddie Bauer has named Engle E. Saez senior vice president, chief creative officer, reporting to Steve Newman, president of apparel.
Saez’s responsibilities include providing the strategic vision and creative definition for Eddie Bauer across its retail, catalog and e-commerce channels. “Engle brings the kind of strategic vision and innovative thinking to Eddie Bauer that will lead to the development of truly impactful communication vehicles to engage our target customers,” said Newman.
Saez was senior vice president of marketing and category management for Starbucks. Prior to that, Saez was chairman and ceo of AtlanticRancher Company and also worked at Esprit de Corp., Stride Rite Corp., G.H. Bass and Timberland Co. He succeeds Lisa Bayne, who left Eddie Bauer to become senior vice president of marketing at Smith & Hawken.