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Pep Boys Announces Senior Management Changes
April 25, 2008
Philadelphia-based The Pep Boys announced the appointment of Mike Odell, COO, as interim CEO. The announcement comes after CEO Jeff Rachor resigned. Odell has been with the company since September 2007, and previously worked for Hoffman Estates, Ill.-based Sears Holding Corp. According to the company, Odell is a prime candidate for the permanent CEO position, and it has no plans for a recruitment search. In addition, Pep Boys appointed Ray Arthur as executive vice president and CFO, effective April 28, 2008. Arthur previously served as executive vice president and CFO for Wayne, N.J.-based Toys "R" Us Inc.
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DDI visited the new JCPenney department store at Manhattan Mall in New York and spoke with store manager Joe Cardamone. Below is video of that conversation paired with a walk-through tour of the new store. For more on the JCPenney store, look out for DDI's November/December issue mailing out at the end of November.
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