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Lowe’s, PetSmart And Others Take On New Leadership

PYMNTS

Despite another quarterly earnings miss announced Wednesday (May 23), Lowe’s shares got a 9 percent bump mid-week after poaching JCPenney CEO Marvin Ellison on Tuesday, a move that garnered support from Bill Ackman’s Pershing Square Capital Management LP. PetSmart’s same-store sales fell 4.5

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Do We Care About Leadership?

Jeff For Banks

He is a reservist, and had interesting perspectives on how the military operates versus private industry. In his "real life", he is a sales manager for a pharmaceutical company. One form of training I fondly recall from my Navy days was Navy Leadership Development school, or NAVLEAD.

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Intuit Selects Its New CFO

PYMNTS

Financial management software company Intuit has chosen a new chief financial officer. We are fortunate to have benefitted from Neil’s leadership for more than a decade. Michelle is a talented professional whose experience and leadership make her a natural and excellent successor to Neil.

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Community Banking According to Andy

Jeff For Banks

He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. 8/ @Schornack It is a niche that has only grown over time and one that has shown very little net losses since we started making these loans around the U of M in 2005-2006.

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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. What is unique is, after reviewing the management team and board, there are people of Korean, Malaysian, Indian, and Chinese descent in leadership positions.

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Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

In 1979, George Gleason, a 25-year-old attorney, purchased controlling interest and assumed active management of the bank as Chairman of the Board and Chief Executive Officer. Collectively, the management team built an Arkansas franchise rivaling the largest banks in the state. Their ROA in 2006 when their assets were $2.5

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Increased expenses, supply chain inefficiencies, and the need to enhance operating results contributed to the perfume retailer’s bankruptcy, which was court-approved in October.

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