Auto parts retailer Pep Boys - Manny, Moe & Jack (PBY) Friday said it's President, Chief executive and Director Mike Odell has resigned. The company named John Sweetwood as interim Chief, effective immediately.
Sweetwood has been on Pep Boys' board since 2002, and is currently the President of Woods Investment, LLC, a private real estate investment firm. Previously, he was the President of the Americas Six Continents Hotels, that operates hotels under the InterContinental, Crown Plaza, Holiday Inn and other brands.
The board plans to consider internal and external candidates for the position of a permanent CEO.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.