Chutes & Ladders: Target CMO steps down; CVS Health adds marketing officer

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 Allison Moon at [email protected] and we will feature it here at the end of each week.

> Target announced that Kathee Tesija will step down from her role as chief merchandising and supply chain officer. Target is now conducting a comprehensive external and internal search for a new CMO. "During Kathee's nearly 30-year career at Target, she has earned a reputation as an outstanding merchant and business leader who has been instrumental in Target's growth and our recent efforts to regain our momentum," said Target CEO Brian Cornell. "Over the past several months, Kathee and I have had many discussions about the business and together have decided that it is the right time for her to transition to an advisory role… On behalf of the entire Target team, I want to thank Kathee for all she has done on behalf of our company, brand, and team." Tesija will continue receiving her current salary, Fortune reported, and will move into an advisory role effective July 6. Story

> CVS Health hired Norman de Greve as its new chief marketing officer, responsible for all marketing strategies across the business. De Greve joins CVS Health after 14 years at DigitasLBi, a marketing agency where he was most recently president of the Boston and Detroit offices. "Norman's background makes him ideally suited to directing a comprehensive marketing strategy that will build our enterprise brand and clearly position us as the preferred pharmacy innovation company," said Helena Foulkes, CVS/pharmacy president. De Greve has experience in cross-channel communications planning, brand campaigns, media, loyalty and analytics in industries such as finance, health care, travel, retail and automotive. Prior to DigitasLBi, he worked in management consulting and has a background developing customer-driven growth strategies and analytics.  Story

> Barnes & Noble added two independent directors to its board, Ann-Marie Campbell, president of The Home Depot's southern division and Paul Guenther, former president of PaineWebber Group, Inc. Campbell has worked for The Home Depot for more than 30 years, starting as an associate and climbing the ladder to district manager, VP and eventually president. Her experience includes multiple store operations, merchandising, sales and marketing. She also serves on the board of Potbelly Corporation and on the Catalyst, Inc. board of advisors. Guenther is currently a director at Guardian Life Insurance and chairman of Community & Southern Holdings. Before being president for PaineWebber Group, he was chief administrative officer. He serves on the board at Fordham University. Story

> E-commerce solutions provider Digital River named a former Groupon executive, Hoke Horne, as its new CFO. Horne has more than 20 years of experience in the financial industry. Most recently, he was Groupon's VP of global commerical finance and CFO of North America, where he oversaw global financial operations, marketing, technology, legal, human resources and finance activities. Before Groupon, Horne was VP of software finance and pricing strategy at Juniper Networks, and held prior leadership positions at Microsoft, McKinsey & Company and Andersen Consulting (now Accenture).  

> Dollar General moved John Garratt, who was the senior VP of finance and strategy, into the interim CFO role. The CFO role was left vacant by David Tehle, who announced his retirement in March 2015. Garratt will now be responsible for all aspects of Dollar General's financial, accounting and information technology operations while the search for a permanent CFO continues. Garratt joined Dollar General in 2014 and had previous financial leadership positions at Yum! Brands since 2004. Earlier is his career, he worked at Alcoa for over 10 years and at General Electric for three years. Press Release

Edible Arrangements International named Tony DiPippa CFO as the former CFO, George Wilson, moves over to support the company's founder and CEO, Tariq Farid. "George played a critical role in helping me grow Edible Arrangements into an industry leader, and will now play a similar role in the growth of our early-stage businesses," Farid said. Wilson will help Farid as the company plans to significantly increase Edible Arrangements' global presence. The new CFO, DiPippa, joins Edible Arrangements after serving as CFO for Cache, a mall-based retailed. He also had financial positions at Procter & Gamble and leadership positions at Dun & Bradstreet. Story

> Spring Marketplace added Rowanne McKnight to its leadership team. McKnight has 20 years of experience in marketing and business development, most recently for Nashville-based online publication StyleBlueprint. Her career includes 10 years as a small business owner and 8 years at Warner Bros Records, where she worked on the marketing and promotion team. McKnight joins a leadership team headed by co-founder and CEO of Spring, Bruce Mitchell, and Jonathan Dyke, Spring co-founder and COO. Spring Marketplace connects real-time payment and in-store sales, which allows for revenue growth through performance-based marketing. The company also announced that its membership has grown to more than 250,000, claiming the largest digital audience in Nashville.  Story

>Subway appointed Suzanne Greco to president as her brother, Fred DeLuca, Subway CEO and founder, battles leukemia, according to the Nation's Restaurant News. She will oversee day-to-day operations and will continue to report directly to DeLuca. Greco has been a part of Subway since the first store opened as a family business in 1965, then officially started her career as a sandwich artist in 1973. She moved up through the ranks, eventually leading the research and development team for 24 years. In 2012, Greco's responsibilities increased to oversight of the operations department and her role expanded again in 2015 when she became responsible for directing the marketing department as well. Story

> 99 Cents Only Stores announced Michael Fung as interim CFO and treasurer, a position left open by Bradley Lukow, who resigned earlier this week. Fung joined the company's board in Decemeber 2013 and previously served as interim exec-VP and chief adminstrative officer from January to Septemeber 2013. He has over 23 years of financial experience, including at Walmart as senior VP and CFO, U.S. operations, from 2006 to 2012. Fung also worked in financial leadership positions at Sensient Technologies Corporation, Vanstar Corportation and Bass Pro Shops. Press Release

 

 

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