SkyWest’s President Soars into CEO Assignment
Regional airline SkyWest has appointed current president Chip Childs to succeed Jerry Atkin as CEO, effective January 1, 2016. Atkin, who has been with SkyWest for 41 years, will then become the chairman of the board. Childs came aboard with SkyWest in 2001 and was immediately promoted to the position of VP and controller. Since 2007 he has served as president and was the COO from 2007 to 2014.
Wells Fargo Promotes from within the Wagon
America’s fourth-largest bank, Wells Fargo, has promoted Tim Sloan to president and COO, effectively immediately. Sloan has been with Wells Fargo for 28 years and has previously served as the lender’s head of wholesale banking, CFO, and chief administrative officer. Sloan was keenly involved in leading Wells Fargo through the global financial crisis of 2007-10 and the resulting merger with Wachovia Bank. He’s been charged with driving changes that lead to growth for the company.
Kohl’s Nabs Former Walgreens Exec for Its COO Spot
American department store chain Kohl’s has announced its hiring of Sona Chawla, formerly president of digital and chief marketing officer for Walgreens. Chawla assumes the COO role at Kohl’s. She will be leading retail operations, strategy, distribution, and Internet sales. Chawla’s hiring is meant to position Kohl’s for big growth in the e-commerce industry at a time when Amazon is increasingly competing with brick-and-mortar stores for market share. Kohl’s announced its COO opening earlier this year as an opportunity to compete for the CEO spot in its succession plan.
Look for more Executives on the Move next week!