Tag: Leadership

Best Buy CEO Fires Back at Harsh Critics

Media coverage critical of Best Buy Company, Inc.-including a recent Forbes report that suggested that the Richfield-based company may be slowly going out of business-prompted a public response from the

Target Names New Leader for Its Web Site

About a month after Target Corporation announced the departure of its online president, the Minneapolis-based retailer has promoted Casey Carl to a position in which he'll oversee its Web site.

Advisory Firm Sides with Activist Investor; Regis Protests

Institutional Shareholder Services has recommended that Regis shareholders vote in favor of Starboard Value's board nominees-but Regis says "the firm reached the wrong conclusion," and "this is not the time to disrupt the execution of the changes that are under way at Regis."

Target’s Online President Exits After Web Site Crash

Steve Eastman is the second Target executive to leave the company this month. His exit was announced the same day that the retailer's new e-commerce site crashed-although the company has said that the departure wasn't related to performance.

Regis, Activist Investor Trade Harsh Words

Shortly after Regis announced a series of strategic changes, the company and one of its largest shareholders-which believes the changes fall short-are exchanging harsh criticisms ahead of an upcoming shareholder meeting.