Chutes & Ladders: Foot Locker CEO announces retirement, Target hires GM exec

Welcome to this week's Chutes & Ladders, our roundup of hirings and firings throughout the industry. Please send the good wordor the badfrom your shop to Drew Woolley at [email protected] and we will feature it here at the end of each week.

 

> Foot Locker announced that CEO Ken Hicks will retire as president and CEO on Dec. 1. He will remain involved as executive chairman of the board through next year's annual meeting in May and will remain actively involved in the company's day-to-day operations to ensure a smooth transition. Hicks will be succeeded by Richard Johnson, currently the company's COO with two decades of experience with the company. Press release

 


 

> Target announced that it has hired Jacqueline Hourigan Rice in the role of senior VP, chief risk and compliance officer, effective Dec. 1. She will report directly to CEO and Chairman of the Board Brian Cornell, and will be responsible for centralized oversight of enterprise risk management, compliance, vendor management and corporate security. Rice was most recently chief compliance officer for General Motors Company, where she worked for 17 years in leadership roles involved with ethics, compliance and data privacy. Story

 

> Best Buy welcomed J. Patrick Doyle as a member of its board of directors. Doyle, 51, is the president and CEO of Domino's Pizza, and joined the company in 1997. He has served in a variety of leadership roles across both the domestic and international businesses, and has been in his current role since March 2010. Before joining Domino's he was VP and general manager for Gerber Products Company. Press release

> Calvin Klein named Melisa Goldie as its new CMO, filling the role Malcolm Carfrae vacated when he resigned in July. Goldie will report to Jennifer Crawford, who filled in for Carfrae and was promoted to executive VP of global communications last month. Most recently, Goldie was executive VP and CCO, overseeing the advertising and marketing teams for Calvin Klein. She joined the company in 2001. Story

> DirectBuy overhauled its executive leadership, naming Mike Bornhorst (left) as its new CEO. He has a background in customer service with leadership positions at companies like ADT and Culligan Water. The company also named Curt Hilliard executive VP and CMO, and promoted Dylan Astle to the new position of VP, member experience, a role his work with Walmart and Restoration Hardware has prepared him for. Press release

> Fred's board of directors announced that it has named Jerry Shore as CEO of the company, to succeed Bruce Efird, who notified the board of his intention to leave when his contract expires. Shore has served as executive VP and CFO of Fred's for more than 14 years, and took on the title of COO in January of this year. Press release

> Lululemon announced that Duke Stump has been appointed to its senior leadership team as executive VP, community and brand, effective Dec. 1. He will be responsible for building an authentic and differentiated global brand and community for the company and will report to CEO Laurent Potdevin. Stump has 20 years of experience in the athletic retail industry, spanning leadership roles at Nike and Easton Sports. Press release

> New York & Company named John Worthington as the apparel chain's president and COO, effective immediately. He will report to CEO Greg Scott and be responsible for store operations, real estate, outlets, finance, information technology, sourcing and logistics. Worthington joins the company after 23 years in the retail industry, 20 of which came in progressive leadership roles with Kohl's including chief administrative officer, senior executive VP, executive VP/director of stores, senior VP and regional VP. Press release

> Tuoc Luong was appointed as CEO of Unique Solutions Design, as well as being named to the board of directors. In his new role, Luong will run the company from Silicon Valley and help to build out the company's presence there. He most recently served as CEO of Shanda Online, and also held the position of global senior VP of Yahoo from 2007 to 2010, where he was responsible for the search division and Yahoo Search products worldwide. Press release

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