logo
Share SHARE
FONT-SIZE Plus   Neg

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 RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
German lender Commerzbank AG said Thursday that it will cut almost 10,000 jobs, stop paying dividends for the time being and merge two big units as part of a restructuring to become profitable on a sustainable basis by 2020. The bank, Germany's second largest, said that to cover its restructuring costs in the region of 1.1 billion euros, it will cease dividend payments for the time being. Apple Inc. has repeatedly assured customers of its commitment to privacy and said that iMessage conversations are safe. However, Apple's iMessage logs the phone numbers typed by users for a text conversation and shares this information with law enforcement when compelled by court order, according to news site "The Intercept." Snack and beverage giant Pepsico Inc. reported Thursday significantly higher profit in its third quarter, reflecting the absence of last year's hefty Venezuelan impairment charges, despite weak revenues. Core earnings and revenues beat market estimates. Further, the company lifted its fiscal 2016 forecast on its performance and outlook for the fourth quarter.
comments powered by Disqus
Follow RTT