logo
Plus   Neg
Share
Email

Michael Glazer Named As Permanent President And CEO Of Stage Stores

Stage Stores Inc (SSI) Thursday announced that the Board of Directors of the company has appointed Michael Glazer as the permanent President as well as Chief Executive Officer of the company.

Mr Glazer has been appointed as President and CEO of the company on Interim basis on March 28, 2012. The Interim position has now been made permanent.

"Michael possesses a 37-year track record of retail industry success along with the intellectual enthusiasm and industry acumen required to lead this dynamic organization," said William Montgoris, Chairman of the Board of Stage Stores. "Given his rapid, well-received integration into the company and his familiarity with our growth and expansion strategy, it became clear the company and its shareholders would be best served by making his appointment permanent."

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The Boeing Company (BA) reported that its first-quarter core earnings per share increased to $3.64 from $2.17, prior year, reflecting strong performance across the company. Core operating earnings improved 35% year-over-year to $2.51 billion from $1.86 billion, previous year. GAAP earnings from operations increased 30% to $2.88 billion. Net earnings improved 57% year-over-year to $2.48 billion. Earnings per share was $4.15 compared to $2.54. Operating cash flow was $3.1 billion for the quarter. Micro-blogging site Twitter Inc. on Wednesday reported a turnaround to profit in the first quarter on strong double-digit revenue growth. This is the company's second quarterly profit. Both revenue and adjusted earnings per share beat analysts' estimates. Twitter's average monthly active users or MAU figure rose 3 percent year-over-year and also increased from the preceding quarter. Shares of Credit Suisse Group AG were gaining around 4 percent in Swiss trading after the banking giant reported Wednesday higher profit in its first quarter, despite lower net interest income. The company said it had planned 2018 to be a year of acceleration in its performance in its 12-quarter restructuring program.
RELATED NEWS
Trade SSI now with 
Follow RTT