NACS elects its 2016–17 Executive Committee; Rahim Budhwani named new chairman

ATLANTA, 2016-Oct-25 — /EPR Retail News/ — The National Association of Convenience Stores (NACS) announced the election of its 2016–17 Executive Committee during its Board of Directors meeting at the NACS Show in Atlanta.

Rahim Budhwani, CEO at Hoover, Alabama-based 6040 LLC, was named the association’s chairman; he also chairs the NACS Executive Committee, which provides strategic direction and financial oversight to the association.

Also named to the NACS Executive Committee were the following NACS retail members:

  • Vice Chairman-Treasurer: Joe Sheetz, President and CEO of Altoona, Pennsylvania-based Sheetz Inc.
  • Vice Chairman, Legislative: Julie Jackowski, Senior Vice President and Corporate General Counsel and Secretary of Ankeny, Iowa-based Casey’s General Stores Inc.
  • Vice Chairman, Convention: Wendy Chronister, CEO of Springfield, Illinois-based Chronister Oil Company (Qik-n-EZ)
  • Vice Chairman, Research: Kevin Smartt, CEO of Austin, Texas-based Kwik Chek Food Stores Inc.
  • Vice Chairman, Member Services: Jared Scheeler, Managing Director of Dickinson, North Dakota-based The Hub Convenience Stores Inc.
  • Vice Chairman, International: Frank Gleeson, Region Managing Director and COO of Dublin, Ireland-based Aramark Ireland
  • Vice Chairman: Ari Haseotes, CEO of Framingham, Massachusetts-based Cumberland Farms Inc.

Also on the NACS Executive Committee are:

  • 2015-16 NACS Chairman Jack Kofdarali, President of Corona, California-based J&T Management Inc.
  • 2014-15 NACS Chairman Steve Loehr, Vice President, Operations Support of La Crosse, Wisconsin-based Kwik Trip Inc.

Here are biographies of the NACS Executive Committee members:

Rahim Budhwani: 2016-17 NACS Chairman
Budhwani is president and CEO of 6040 LLC. He served on the Board of Directors of the Petroleum and Convenience Marketers of Alabama and on the NACS/Coca-Cola Retailing Research Council. He serves on the Board the Alabama Underground Trust Fund and also played a vital role in building the relationship between the National Alliance of Trade Associations and NACS.

Budhwani earned a B.S. in information technology from the University of Pune and a degree in hotel management and food technology. He is currently working on a degree in aviation business administration and was also a lieutenant in the Civil Air Patrol, an auxiliary of the U.S. Air Force. Budhwani and his wife, Kulsum, live in Hoover, Alabama, with their two children.

Joe Sheetz: Vice Chairman, Treasurer

Sheetz is president and CEO of Altoona, Pennsylvania-based Sheetz Inc. Prior to assuming these roles in October 2013, he served as executive vice president of finance for 18 years.

In that capacity he was responsible for finance, accounting, information technology, real estate, risk management and shareholder relations.

Sheetz graduated from The Wharton School of Business at the University of Pennsylvania with a B.S. in economics in 1989. His business concentration at Wharton was entrepreneurial management, preparing him for an eventual return to the family business. After graduation, he worked as an employee benefits consultant for CGI Consulting in the suburban Philadelphia area, specializing in designing benefit and retirement plans for major corporations.

Sheetz currently serves on the Altoona Blair County Development Corporation where he was chairman from 2009–2011. He is also former Chairman and a current trustee of Mount Aloysius College.

Kevin Smartt, Vice Chairman, Research
Smartt is the CEO of Kwik Chek Food Stores Inc. As the vice chairman of research, he oversees the NACS Research Committee, which directs the association’s research and development initiatives and programs to promote the ongoing competitive viability of the channel.

Smartt and his business partner, Doyce Taylor, acquired Kwik Chek from its founder in 2001, and have expanded the business significantly in the years since. In addition to his role as CEO, he owns and operates a wholesale fuel distribution company that sells to Kwik Chek stores and more than 100 conveniences stores in Texas and Oklahoma. He is currently leading his team in a company-wide re-branding program, including developing the Kwik Café, offering fresh and healthy made-to-order food in a restaurant within the store.

Smartt is a current member of the Texas Food & Fuel Association (TFFA) and the Oklahoma Petroleum and Convenience Store Association (OPMCA). He also serves on the Conexxus Board of Directors as its current chairman, and since 2006, has served on the Board of Directors for the First National Bank of Trenton.

Wendy Chronister: Vice Chairman, Convention
Chronister is the CEO of Chronister Oil Company dba Qik-n-EZ. As the NACS vice chairman of convention, Chronister oversees the activities of the Convention Committee, which oversees the development and implementation of NACS events, including the NACS Show.

She has been CEO of Chronister Oil Co. since 2009. Previously, she was a partner at Waud Capital Partners LLC and at Kirkland and Ellis. Chronister is a member of the Economic Club of Chicago, the Chicago Council on Global Affairs and Young President’s Organization/Chicago Chapter. She previously served on the boards of Regency Hospital Company, ASG Security LLC, Acadia Healthcare LLC, Maxum Petroleum (f/k/a SPI Holdings LLC) and was chairman of True Partners Consulting LLC. She also serves on the board of the Joffrey Ballet Company of Chicago, the Board of Trustees of the University of Chicago Cancer Research Foundation, the Women’s Board of the Field Museum of Chicago, and the Boys and Girls Clubs of Chicago. She graduated cum laude from Dartmouth College in 1987, earning an AB in government. In 1992, she graduated magna cum laude from the University of Illinois College of Law in Champaign, Illinois.

Julie Jackowski: Vice Chairman, Legislative

Jackowski joined Casey’s in 1994 as legal counsel. She was promoted to vice president of human resources/legal counsel in 2003, In 2010, she was promoted to senior vice president, corporate general counsel and human resources. In August of 2015, her area of focus changed to her current position of SVP-Corporate General Counsel and Secretary where she concentrates primarily on legal risk and compliance.

Before joining Casey’s, Jackowski was an attorney for Shearer, Templer, Pingel &Kaplan. She has been active in a number of organizations including the Association of Corporate Counsel (Iowa Chapter), Iowa State Bar Association past chair of the Corporate Counsel Section), Drake University Law School Board of Counselors and Delta Theta Phi International Law Fraternity, for which she served four years at its president. She is also on the executive board of the non-profit Wildwood Hills Ranch of Iowa and the president of the Affiliated House Corporation of Gama Phi Beta at Iowa State University.

Jackowski earned a J.D. from Drake University Law School and a BA in political science from Iowa State University.

Vice Chairman, Member Services: Jared Scheeler
Scheeler began his career in the convenience industry in 1998 while attending college. He held multiple roles with the Minneapolis-based Bobby & Steve’s Auto World, most recently as director of convenience store operations for the 8-store chain. In 2014, Scheeler founded The Hub Convenience Stores in southwest North Dakota.

During his industry career, Scheeler has been an active partner with the Minnesota Service Station Association as well as the ND Petroleum Marketers Association on state level industry and political affairs. In 2008, Scheeler was named to the Philip Morris USA Retail Sales Associate Council. In 2013 National Petroleum News named him National Legislative Leader of the Year. Scheeler hosted one of the first NACS In Store events with U.S. Representative Kevin Cramer. He also testified on behalf of NACS before the House Small Business Committee in Washington, D.C., regarding EMV compliance. In 2015, The Hub won the North Dakota Division of Vocational Rehab Regional Employer of the Year under Scheelers leadership.

Scheeler attended the University of Minnesota-Twin Cities where he studied business and psychology. He coaches high school basketball and is an avid volunteer for Dickinson Catholic Schools, the Leukemia and Lymphoma Society and Special Olympics.

Frank Gleeson: Vice Chairman, International
Gleeson is the managing director and COO of Aramark Northern Europe. As the NACS vice chairman of international, Gleeson chairs the International Committee and directs the association’s global engagement.

Aramark Northern Europe has more than 15,000 employees across 2,500 locations. Its world-class experience and expertise in workplace solutions, foodservice, convenience retailing, environmental services and property enables it to provide a fully integrated solution to Irish, UK and EMEA companies.

Gleeson began his career in retail as an operations director for O’Brien’s Fine Wines. He later served as vice president of retail for Statoil Ireland. More recently he was retail director for Topaz Energy Group since 2005, where he led the rebranding of the company in 2008 and was responsible for the retail business of more than 340 sites.

Gleeson is a board member of employers group IBEC and chairman of its energy policy committee, a board member of the Irish National Transport Authority, board member and former chairman of Retail Ireland. He is a member of the Irish Directors Institute, and a member of the Irish government’s Labour market council. He graduated in business management from the Irish Management Institute.

Ari Haseotes: Vice Chairman

Haseotes began his career with Cumberland Farms in the Marketing Department in 2003. In 2005, he was appointed to the position of Vice President of Strategic Planning and Business Development within the company’s finance department. In 2007, he was later promoted to Vice President of Marketing and served in that position until his promotion to President and Chief Operating Officer on October 1, 2008. Effective September 1, 2013, he was promoted to President and Group Chief Operating Officer of the Cumberland Gulf Group of Companies.

On July 1, 2014, Haseotes was named Chief Executive Officer of the Cumberland Gulf Group; he is also a member of the Board of Directors.

Haseotes holds a B.S. in Business Management from Boston College and an MBA from Harvard University. Haseotes and his wife, Ashley, are the founders of One Mission, a childhood cancer foundation dedicated to enhancing the lives of pediatric cancer patients and their families. One Mission is a registered 501(c)(3) foundation that provides help, hope, care, and support to children and their families touched by pediatric cancer. One Mission funds patient and family support services, cutting-edge cancer research, and programs and services that help children and their families.

The NACS Show is the premier event of the year for the convenience and fuel retailing industry. More than 20,000 attendees from 60-plus countries are at the 2016 NACS Show in Atlanta, which features four days of general sessions, more than 60 education sessions and more than 1,200 exhibiting companies in a nearly 410,000 net-square-foot expo. For the most up-to-date news and information on the event, go to nacsshow.com.

Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 154,000 stores across the country, conducts 160 million transactions a day, sells 80% of the fuel purchased in the country and had total sales of $575 billion in 2015. NACS has 2,100 retail and 1,700 supplier member companies, which do business in nearly 50 countries.

SOURCE: NACS

The BRC announces Richard Baker as its new chairman

LONDON, 2016-Jul-26 — /EPR Retail News/ — The BRC is delighted to announce that Richard Baker will take the reins as Chair of the retail industry’s trade association this autumn. Richard, already on the BRC Board, will start his term of office as Chair on 1 September when Sir Charlie Mayfield stands down after a two-year term. Richard is Chairman of DFS, who are longstanding members of the BRC, and Whitbread, owners of Costa who are also members. He also holds various board and advisory roles with international companies including Aimia (owners of the Nectar Card) and Advent International.

He was previously Chief Executive of (Alliance) Boots Group Plc from 2003 to 2007 and prior to that was Chief Operating Officer at Asda Group Plc.

Richard Baker said: “I am very much looking forward to working with the BRC members and to chairing the BRC as its role becomes more vital than ever before. The BRC has a strong track record of championing the needs of British retailers – small, medium and large. A backdrop of unprecedented transformation in the industry and many external uncertainties provides a real opportunity to influence the future”.

Helen Dickinson, CEO, said: “Richard’s CV speaks for itself. His wealth and breadth of experience will be critical as we take the BRC forward through a period of profound political and economic change. At the same time, we owe a very large debt of gratitude to Charlie for his guidance, insight and support as our chair, during which time the BRC has undergone yet further transformation. We are especially grateful for Charlie’s support for the retail industry’s pay, progression and productivity work which has put the changing retail workplace landscape on the economic and political map”.

Sir Charlie Mayfield said: “It has been a privilege to have been the Chairman of the BRC over the past two years and a great pleasure to have worked with Helen and many in the industry in this period of change for the BRC. It is an organisation with tremendous potential and I’m sure that Richard’s strong record in both managing and chairing consumer businesses will serve the BRC well for the next phase of its development. I wish Richard and everyone at the BRC every success in the future”.

Press queries:

020 7854 8924

Source: BRC

J. C. Penney announces the appointment of Marvin R. Ellison as its new chairman

PLANO, Texas, 2016-Jul-26 — /EPR Retail News/ — The Board of Directors of J. C. Penney Company, Inc. (NYSE: JCP) has appointed Chief Executive Officer Marvin R. Ellison to the additional position of Chairman, effective August 1, 2016. Mr. Ellison succeeds Myron E. (Mike) Ullman, III who will be retiring in accordance with the transition plan that the Company outlined in 2014.

Mr. Ullman said, “I am delighted that the board has appointed Marvin as Chairman. Over the past year and a half, he has proven himself to be the right leader for our Company, as we have made significant progress in implementing the changes needed to rebuild JCPenney into a successful, modern retailer with a profitable and sustainable business. It’s been a privilege to work closely with Marvin, and I am pleased to know that this Company is in good hands for the future.”

Mr. Ellison said, “It is an honor to succeed Mike as the next Chairman of JCPenney. Mike has demonstrated great leadership, twice as CEO, and for the past year as our Executive Chairman. For someone who started his retail career as a $4.35 per hour store security officer, it is a blessing and an honor to be named Chairman of JCPenney. I look forward to continuing to work with our talented board and management team as we continue to take the steps necessary to drive the resurgence of JCPenney.”

Longtime retail executive Ronald W. Tysoe, who has served on the board since 2013, will continue as the Company’s Lead Independent Director.

About Marvin R. Ellison
Marvin R. Ellison, 51, has been Chief Executive Officer of J. C. Penney Company, Inc. since August 1, 2015. Mr. Ellison served as President and CEO-Designee of J. C. Penney from November 1, 2014 through July 2015. From August 2008 through October 2014, he served as Executive Vice President – U.S. Stores of The Home Depot, Inc., a home improvement specialty retailer. From June 2002 to August 2008, he served in a variety of operational roles at The Home Depot, including as President – Northern Division and as Senior Vice President – Global Logistics. Prior to joining The Home Depot, Mr. Ellison spent 15 years at Target Corporation in a variety of assets protection and operational roles.

Mr. Ellison serves on the board of directors of FedEx. He is actively involved in philanthropic efforts including mentoring programs aimed at developing inner-city youth. He earned a business administration degree in marketing from the University of Memphis and a Master of Business Administration from Emory University.

About JCPenney:
J. C. Penney Company, Inc. (NYSE:JCP), one of the nation’s largest apparel and home furnishings retailers, is on a mission to ensure every shopping experience is worth the customer’s time, money and effort. Whether shopping jcp.com or visiting one of over 1,000 store locations across the United States and Puerto Rico, customers will discover a broad assortment of products from a leading portfolio of private, exclusive and national brands.  Supporting this value proposition is the warrior spirit of over 100,000 JCPenney associates worldwide, who are focused on the Company’s three strategic priorities of strengthening private brands, becoming a world-class omnichannel retailer and increasing revenue per customer. For additional information, please visit jcp.com.

Forward-Looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Words such as “expect” and similar expressions identify forward-looking statements, which include, but are not limited to, statements regarding sales, gross margin, selling, general and administrative expenses, earnings and cash flows.  Forward-looking statements are based only on the Company’s current assumptions and views of future events and financial performance. They are subject to known and unknown risks and uncertainties, many of which are outside of the Company’s control that may cause the Company’s actual results to be materially different from planned or expected results. Those risks and uncertainties include, but are not limited to, general economic conditions, including inflation, recession, unemployment levels, consumer confidence and spending patterns, credit availability and debt levels, changes in store traffic trends, the cost of goods, more stringent or costly payment terms and/or the decision by a significant number of vendors not to sell us merchandise on a timely basis or at all, trade restrictions, the ability to monetize non-core assets on acceptable terms, the ability to implement our strategic plan including our omnichannel initiatives, customer acceptance of our strategies, our ability to attract, motivate and retain key executives and other associates, the impact of cost reduction initiatives, our ability to generate or maintain liquidity, implementation of new systems and platforms including EMV chip technology, changes in tariff, freight and shipping rates, changes in the cost of fuel and other energy and transportation costs, disruptions and congestion at ports through which we import goods, increases in wage and benefit costs, competition and retail industry consolidations, interest rate fluctuations, dollar and other currency valuations, the impact of weather conditions, risks associated with war, an act of terrorism or pandemic, the ability of the federal government to fund and conduct its operations, a systems failure and/or security breach that results in the theft, transfer or unauthorized disclosure of customer, employee or Company information, legal and regulatory proceedings and the Company’s ability to access the debt or equity markets on favorable terms or at all.  There can be no assurances that the Company will achieve expected results, and actual results may be materially less than expectations.  Please refer to the Company’s most recent Form 10-Q for a further discussion of risks and uncertainties. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made.  We do not undertake to update these forward-looking statements as of any future date.

Media Relations:
(972) 431-3400
jcpnews@jcp.com

Investor Relations:
(972) 431-5500
jcpinvestorrelations@jcpenney.com

###

J. C. Penney announces the appointment of Marvin R. Ellison as its new chairman
J. C. Penney announces the appointment of Marvin R. Ellison as its new chairman

 

Source: J.C.Penney