Here are just a few of the interesting executive changes making headlines over this past week:
Staying True to Its Roots, Fruit of the Loom Promotes Within
Clothing manufacturer Fruit of the Loom recently announced the loss of CEO Rick Medlin, who had served as CEO since 2010. The company has since announced Melissa Burgess-Taylor will transition into the role of CEO. She has been with the company for 17 years in an array of roles and most recently has been SVP of brand management and sales for Fruit of the Loom and Vanity Fair brands. Prior to her tenure with Fruit of the Loom, Burgess-Taylor worked with Hanes Brands and Mercantile Department Stores. Mentored by Medlin, she is committed to the continued development of a strong brand for the 165-year-old company.
Starbucks Serves Up New CEO
In 2017 coffee giant Starbucks will be transitioning the role of CEO from visionary Howard Schultz to Kevin Johnson. Johnson became president and COO for Starbucks in 2015 and has been on the board since 2009. To the brew, he brings executive experience with tech-savvy companies such as Microsoft, IBM, and Juniper Networks, so he is well equipped to move Starbucks toward an increasingly mobile cafe experience. This is not the first step down for Schultz, who has been CEO now twice. He will remain as chairman and focus on development of elite Starbucks Reserve premium beverages and high-end Roastery cafes of the future.
Job Search Engine Recruits for New Era
Global online employment website Monster Worldwide announced Mark Stoever replaced Tim Yates, who has been CEO the last two years. Stoever was the president and COO and has held senior roles with the company since 2005. Following the recent acquisition of Monster by HR provider Randstad, he will be pivotal in transforming the platform of services offered by Monster. With his extensive mobile and digital background, the company feels Stoever will be able to not only transform the recruiting industry via mobile technology and social media solutions but continue to connect millions to jobs.
Look for more Executives on the Move next week!
Laurie Rahn works on the Global Customer Experience team with a primary focus on ensuring data quality and maintaining key business relationships by supporting high-profile accounts within the telecommunications, technology, and strategic national industries. She holds a BA in journalism with a minor in public relations from the University of Texas at Austin. Laurie has been with Dun & Bradstreet for six years and has also worked for IBM and Sears Holdings.