KOHL’S RETIREMENT: Kohl’s Corp.’s Arlene Meier, chief operating officer since 2000, will retire by the end of this year. Meier said in a statement that she was pleased to have been part of the retailer’s growth from 66 Midwest stores to 741 stores nationwide. Larry Montgomery, Kohl’s chairman and chief executive officer, commented, “Arlene has played a significant role in Kohl’s disciplined expansion strategy and strong financial position. From her involvement in our IPO in 1992 to our most recent announcement of our first share repurchase program, Arlene has been instrumental in the development of our capital structure.” The company is searching for a successor. Meier joined the company as vice president and controller in 1989 and has 30 years of experience in the retail industry.
WET SEAL APPOINTMENT: The Wet Seal Inc. named Gregory S. Gemette as president, Arden B. Merchandise, succeeding Jennifer Pritchard, who left in early March. He reports to Joel Waller, chief executive officer of The Wet Seal, who said, “Greg has a strong vision and merchandising strategy to continue to develop and build the Arden B. business.” Wet Seal operates 400 stores, including 92 Arden B. units. Gemette was with G and G Retail Inc. as senior vice president and chief merchandising officer and before that served as executive vice president and chief merchant for the Home Shopping Network. He began his career as a buyer for the former Carter Hawley Hale Stores Inc. in Los Angeles, and later worked for Lane Bryant and American Eagle Outfitters.
NEW TO THE BOARD: Liz Claiborne Inc. has elected Daniel A. Carp to the company’s board, bringing the number of directors up to 11. Carp’s term will begin at the 2006 annual meeting of stockholders on May 18. Carp retired as chief executive officer, and as chairman, of Eastman Kodak on June 1, 2005, and Dec. 31, 2005, respectively. He had held these posts since 2000.