Content about chairman and CEO

December 19, 2014

Barry Sanders, president and COO, will be departing the company as of Jan. 31 in what Scotts described as "an ongoing effort focused on de-layering the company to improve operational efficiency and speed to market."

The Scotts Miracle-Gro Company has some major leadership changes on deck for the new year.

Barry Sanders, president and COO, will be departing the company as of Jan. 31 in what Scotts described as "an ongoing effort focused on de-layering the company to improve operational efficiency and speed to market." The company has cut down its executive leadership staff -- at the senior vice president level or higher -- by about 25% in 2014.

December 16, 2014

After announcing new partnerships with HGTV and Lowe’s, as well as three consecutive quarters of record growth, Sherwin-Williams is celebrating another milestone.

After announcing new partnerships with HGTV and Lowe’s, as well as three consecutive quarters of record growth, Sherwin-Williams is celebrating another milestone.

The company announced it is opening its 4,000th store in Sewickley, Pennsylvania.

December 11, 2014

The coating competition will heat up in March as Lowe’s rolls out HGTV HOME by Sherwin-Williams.

The HGTV HOME by Sherwin-Williams product line will feature what both companies describe as “a new and improved interior and exterior paint program.” The line will be available at both Sherwin-Williams' company stores and Lowe's stores nationwide, as well as exclusive line extensions available at Lowe's. 

December 5, 2014

Sears Holdings Corporation has elected Kunal Kamlani to its board of directors, who was recently Prestige Cruise Holdings' president and CEO.

"I am very pleased to welcome Kunal to our board," said Sears Holdings chairman and CEO Edward Lampert. "His broad-based financial services expertise coupled with leading a company with a strong focus on its customers make him a great fit for our board as we continue our transformation to a member-centric company that leverages Shop Your Way and Integrated Retail."

December 3, 2014

The Scotts Miracle-Gro Company has named Brian Finn to its board of directors, replacing Stepanie Shern, who resigned from the board in October. Finn will serve on the Audit and Finance Committees for a term expiring in 2017.

Finn has been retired since last year, when he left his post as chairman and CEO of Asset Management Finance Corporation and as senior advisor to Credit Suisse. He held various other roles at Credit Suisse, including president of Credit Suisse First Boston and CEO of Credit Suisse USA.

November 5, 2014

Scotts Miracle-Gro reported fourth quarter and full-year results for 2014, reflecting on a year of beating expectations despite weather-related setbacks and other hurdles.

October 28, 2014

The Toro Company has agreed to acquire the BOSS professional snow and ice management business of Northern Star Industries, Inc. for $227 million.

According to Toro chairman and CEO Michael Hoffman, the deal strengthens Toro's stake in the professional contractor market owing to BOSS's high-quality equipment and service.

October 24, 2014

Whirlpool Corporation has completed its acquisition of a 51% majority stake in Hefei Rongshida Sanyo Electric Co., Ltd., a Chinese home appliances manufacturer.

October 23, 2014

Effective Nov. 1, Whirlpool Corporation has named Michael Todman and Marc Bitzer vice chairmen of the company, each with his own individual areas of oversight.

"Mike and Marc have the experiences in these new roles to help drive our aggressive growth strategy, integrate acquisitions, and drive product leadership and innovation in a recovering global economy," said chairman and CEO Jeff Fettig. "This structure will bring leadership focus on our strategic initiatives for growth within all of our global markets."

October 22, 2014

Strong organic growth was the story emanating from New Britain, Connecticut-based Stanley Black & Decker, which posted third-quarter sales and earnings growth Wednesday morning. 

The company reported net sales of $2.90 billion in the third quarter, up from $2.76 billion in the same quarter last year. Net income for the company of multiple brands and wide-ranging markets amounted to $236.7 million, compared with $166.0 million last year. 

October 20, 2014

The Home Depot promoted Marc Powers to the role of EVP U.S. Stores, effective Nov. 1, 2014.

"Marc brings a deep understanding of our operations, culture and customers, making him an ideal fit to oversee our U.S. stores," said Frank Blake, chairman and CEO. "We're truly fortunate to have such a deep bench with leaders like Marc."

September 26, 2014

Kitchen and bathroom cabinet supplier Norcraft Companies is expanding its manufacturing facility in Winnipeg, Canada, citing increased demand for its Urban Effects product line in Canada and the U.S.

September 18, 2014

The Home Depot confirmed late Thursday afternoon that the malware that breached its payment systems was now erased, and that the breach is now thought to have affected as many as 56 million cards.

“We apologize to our customers for the inconvenience and anxiety this has caused, and want to reassure them that they will not be liable for fraudulent charges,” said Frank Blake, chairman and CEO. “From the time this investigation began, our guiding principle has been to put our customers first, and we will continue to do so.”

August 22, 2014

Cary Dunston has been named president and COO at American Woodmark Corporation, in which role he will assume the added responsibility for the company's finance and information technology operations.

August 21, 2014

Describing second-quarter earnings as "unacceptable," Sears Holdings Corp. chairman and CEO Edward Lampert added that his company's transformation is continuing and online sales are growing.

The company reported second-quarter net loss of $573 million, compared with a loss of $194 million in the same quarter last year. Revenues decreased $858 million to $8.0 billion for the quarter ended Aug. 2, 2014. 

August 15, 2014

Freight transportation provider Hub Group is the recipient of Sears Holdings’ Partners in Transformation award, the Oak Brook, Illinois-based company announced Friday.

"Hub Group has been a proud transportation provider for Sears Holdings since 1990," Hub Group chairman and CEO David P. Yeager said. "It is an honor to receive this award and it has been a pleasure to watch our relationship grow steadily from hard work and dedication on both sides."

August 6, 2014

Toledo, Ohio-based Owens Corning announced Wednesday that it had added two new members to its board of directors. The new members are NBCUniversal EVP Cesar Conde and FMC Technologies SVP and CFO Maryann Seaman.

"We welcome Maryann and Cesar to our Board of Directors," Owens Corning Chairman and CEO Mike Thaman said. "Our company will benefit from their broad business experience and diverse backgrounds."

August 5, 2014

Scotts Miracle-Gro reported declines in sales and income for the third quarter of 2014, but pointed to momentum that may place the company at the top end of its guidance for the year.

"The second half of the lawn and garden season has been extremely strong, with positive consumer purchases against the double-digit increases we posted a year ago," said Jim Hagedorn, chairman and CEO. "Our momentum is carrying into the fourth quarter with consumer purchases in July at an all-time high and our European business on track to have its most profitable year ever."

August 1, 2014

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

July 18, 2014

Michael H. McGarry, currently executive VP of Pittsburgh, Pennsylvania-based PPG Industries, has been appointed to the post of chief operating officer.

McGarry will have executive oversight responsibility for all of PPGs strategic business units and operating regions and for the information technology (IT), environment, health and safety (EH&S), and purchasing functions. He will remain based at PPGs global headquarters in Pittsburgh and will continue to report to Chairman and CEO Charles E. Bunch.

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 anniversary 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.”