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Jo-Ann separates executive roles

HUDSON, Ohio -- Jo-Ann Stores, Inc. plans to separate the role of chairman from that of the newly created position of president and CEO.

Under the new structure, Alan Rosskamm, currently chairman, president and CEO, will serve as executive chairman with primary responsibility for the strategic direction, vision, and culture of the company.

A search will be launched to fill the new position of president and CEO, who will report to Rosskamm and assume responsibility for day-to-day operations and execution of the company's strategy. Rosskamm with continue to serve as president and CEO during the search process.