Here are just a few of the interesting executive changes making headlines over this past week:
New Energy at SunEdison
Solar industry giant SunEdison made a change at the top by naming John Dubel as CEO. Appointed chief restructuring officer several days after SunEdison filed for bankruptcy in April 2016, Dubel was initially brought in to help the company through the Chapter 11 reorganization process. CEO of turnaround services provider Dubel & Associates, which he founded in 1999, John Dubel is also the liquidating trust manager of ResCap Liquidating Trust. He had been CEO of Financial Guaranty Insurance, as well as a partner in distressed hedge fund Gradient Partners.
New Leader of the Macy’s Day Parade Next Year
Terry Lundgren, who has led department store giant Macy’s for over a decade, announced his resignation as CEO in early 2017. Jeff Gennette, elected president in March 2014, will take over as CEO at that time. Gennette has had a long career at Macy’s, joining the firm in 1983 as an executive trainee and holding leadership positions in merchandising, senior regional management, and as the company’s chief merchandising officer prior to the promotion to president.
New Head Fed at the US Customs and Border Protection Agency
Longtime law enforcement officer and leader Mark Morgan was named the new chief of the US Customs and Border Protection Agency. Marine, deputy sheriff in Missouri, and peace officer in Los Angeles were Morgan’s lead-in to a 20-year career with the FBI. Leadership positions in the Los Angeles field office and Iraq counterterrorism division, section chief of the Strategic Information and Operations Center, and El Paso Division special agent in charge are just a few of the places he’s been and things he has done in the FBI that led to his selection.
Look for more Executives on the Move next week!