Nucor Corp. announced Tuesday that Daniel R. DiMicco will retire from the Board of Directors of Nucor and from his position as Executive Chairman on December 31, 2013. Nucor's Board of Directors also announced that John J. Ferriola, who ...
Gap Inc. announced that Sonia Syngal has been promoted to lead the company’s Global Supply Chain division, effective immediately. She succeeds Colin Funnell who will retire from the company, following a nine-year Gap Inc. career ...
Tags: Sonia Syngal, Apparel
Billabong International Limited announces that a US$300 million tranche of the 6 year senior secured term loan of US$360 million (A$386 million) (the "New Term Debt") provided by entities affiliated with Centerbridge Partners, L.P. and ...
G&K Services, Inc. announced that Jeffrey L. Wright plans to retire as Executive Vice President and Chief Financial Officer. The company is beginning a search for his successor, considering both internal and external candidates. To ensure ...
Tags: G&K Services, Wright
Pentair Ltd. announced that Michael Schrock, President and Chief Operating Officer, has informed the company of his intent to leave employment and retire effective December 31, 2013. "Mike has made a significant contribution to Pentair ...
Analysing big data in order to make improvements is now the "normal way of working" for retailer John Lewis, enabling data from many different places to be used in order to improve online customer service. That's what Aleem Cummins, ...
Tags: John Lewis, Splunk
CriticalPoint Capital, the investment affiliate of CriticalPoint Partners, announced that it has acquired Organized SportsWear, LLC. Organized SportsWear manufactures physical education uniforms with customized silk screen printing and ...
Tags: Organized Sportswear, Apparel
Arthur J Gallagher& Co, a US-based insurance brokerage and risk management services company, has acquired Belmont International, a risk management advisor and insurance broker based in Kent, England, for an undisclosed sum. Founded in ...
Discount internet retailing is a big challenge for brick-and-mortar retailers and the brands they carry. It is also a huge threat to the cycling consumer now and into the future, although they may not realize it. That's the conclusion of ...
Tags: bike, Transportation
Dr Phillip Hallam-Baker, a vice president and principal scientist in charge of web security software development at security software vendor Comodo, has published a paper calling for a more robust internet architecture that can combat web ...
Tags: Computer Products, software
Portland, Ore., and Vancouver, Canada-based Crailar Technologies Inc. has announced plans to acquire a European fiber dyeing facility that has been in operation for more than 30 years in one of Western Europe's most prolific flax-growing ...
Tags: Textile
Microsoft’s acquisition of Nokia was a defensive move to keep the Finnish phone maker from going under or falling into the hands of an Android-first rival, several analysts argued this week. “Had Nokia abandoned Windows Phone, ...
Tags: Nokia Deal, Microsoft
Microsoft is to buy Nokia's mobile phone business and license its patents in a deal worth $7.2bn (£4.6bn). Further reading Nokia whacked by another downgrade – Moody's rates Nokia four notches below investment grade Microsoft ...
Tags: Microsoft, Nokia, Mobile Business
A week after Steve Ballmer said he plans to step down as CEO of Microsoft, ValueAct Capital, one of its biggest investors, has secured the right to appoint its president to Microsoft's board. Microsoft has signed a "cooperation agreement" ...
Tags: Microsoft Board, Computer Products
Volvo Trucks has named Mike Randolph its new vice-president for North American national accounts. In his new role, Randolph will manage national accounts, developing total fleet solutions for LTL, truckload and private fleets, Volvo ...
Tags: Transportation, Volvo, Trucks