Changing of the guard at May Department Stores
February 16, 2004,
Two senior executives are retiring from the May Department Stores Company, and two others will be promoted to fill the gaps.
Simultaneously, the company will promote Richard Clausing to chairman of Lord & Taylor, succeeding Reynolds, and John Harper to chairman of Hecht's/Strawbridge's, succeeding Wilkerson.
Jane Elfers continues as president and CEO of Lord & Taylor, and Frank Guzzetta continues as president and CEO of Hecht's/Strawbridge's.
Clausing, 48, joined May's corporate office in 1988 as director of accounting and was promoted to vice president of corporate accounting and reporting in 1989.
He was named senior vice president of finance at the St. Louis-based Famous-Barr division in 1994 and assumed his current position as senior vice president of finance at Lord & Taylor, based in New York, in 2001.
Harper, 44, joined May in 1983 as an analyst in accounting at Kaufmann's in Pittsburgh. In 1991, he was appointed vice president-controller at L.S. Ayres in Indianapolis and divisional vice president-controller at Famous-Barr in 1992. He joined Hecht's, May's department store division headquartered in Washington, D.C., in 1993 as vice president-controller and was named senior vice president of operations in 1998. He was appointed to his current position of senior vice president of finance in 2001.
Related Content By Author
Live From New York: Fashion Comes Across the Pond
Home & Textiles Today eDaily
Most Viewed Articles
See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more...