Kmart Shuffles Top Executives5 Feb, 2002 By: Hive News
Kmart Corp. today announced a new store operations and executive reorganization as part of its struggle to rebound from bankruptcy.
"Kmart is committed to addressing our operational challenges in a thoughtful, yet aggressive, manner. This new organization will provide a clear, focused direction and strong leadership for our store teams," said CEO Chuck Conaway.
Kmart will restructure its six geographical field divisions into five separate operating divisions including four geographic areas and a separate Super Centers division.
Leading the new structure will be Gregg Treadway, promoted to EVP, Store Operations, who will have the responsibility for the operations of all five divisions. Treadway joined Kmart in 2001 as SVP, Midwest Division. Prior to joining Kmart he was VP, Store Operations for Dollar General, Inc. He also held senior level operations and field management positions with Autozone, Inc., Toys ‘R' Us and Wal-Mart Stores.
"Gregg Treadway brings 26 years of retail experience to this new position and I have the utmost confidence in Gregg's ability to lead our Store Operations team at this critical time," Conaway said.
Five newly appointed division presidents, who will report to Treadway, are: International Division, Paul J. Hueber, formerly SVP and managing director, Caribbean Division; Super Centers Division, Michael S. Jardina, formerly SVP, Northeast;Northeast Division, Douglas M. Meissner, formerly SVP, Sales and Advertising; West Division, Lee M. Viliborghi, formerly SVP, Northwest; Southeast Division, William Wulfers, formerly SVP, Southeast.
Also, effective immediately, David Montoya has been appointed SVP, Specialty Operations, reporting directly to Hueber. Montoya is charged with growing Kmart's specialty business interests. He will assume responsibility for Kmart Express, restaurant operations and one-hour photo. David Marsico has been appointed to SVP, Sales and Marketing. He will be responsible for sales promotions, advertising strategy and in-store marketing events. Marsico is a 30-year Kmart veteran and most recently served as SVP - Southwest.