Best Buy, the $50.7 billion Richfield, Minn.-based electronics retailer, appointed Sharon McCollam, CFO and chief administrative officer. She succeeds James Muehlbauer, who resigned. McCollam, 50, pictured at right, retired from Williams-Sonoma earlier this year as CFO, COO and executive vice president. She also served as a director from 2010 to 2012. Previously, she was CFO at Dole Fresh Vegetables, a unit of Dole Foods, from 1996 to 2000.
At least eight firms are collectively owed more than $550,000 in the Chapter 11 filing by Penthouse Global Media Inc.
Social and news media bombard us daily with accounts of sexual harassment and misconduct by captains of industry, the arts and politics. The accounts and identities of these formerly admired men continue to shock the public with no end in sight.
Progress on diversity is slowed by the lack of turnover on corporate boards.
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