Saks CEO Stephen Sadove Elected Chairman of the NRF Board

  Saks CEO Stephen Sadove Elected Chairman of the NRF Board

  Container Store’s Kip Tindell & HSNi’s Mindy Grossman Join Leadership Team

Business Wire

NEW YORK -- January 14, 2013

The National Retail Federation today announced that Saks Incorporated Chairman
and CEO Stephen I. Sadove has been elected chairman of the NRF Board of
Directors and chairman of its Executive Committee. He succeeds NRF’s immediate
past chairman, Terry J. Lundgren, chairman, president and CEO of Macy’s, Inc.
Sadove was elected at the Board of Directors meeting held Sunday during NRF’s
102^nd Annual Convention and EXPO – Retail’s BIG Show.

The Container Store Chairman and CEO Kip Tindell was elected first vice
chairman of the Board, treasurer and chairman of the Finance Committee, and
HSNi CEO Mindy Grossman was elected second vice chair of the Board and

Sadove, Tindell and Grossman will join NRF President and CEO Matthew Shay to
comprise NRF’s leadership team. Each board officer will serve a two-year term.

“Representing the breadth and diversity of the retail industry from small
business owners to global brands, the Board will help shape NRF’s strategic
objectives and advocacy agenda,” NRF President and CEO Matthew Shay said. “The
expertise and experience of these retail leaders will leverage our ability to
shine a spotlight on the industry’s role in building careers, growing
communities, and driving innovation.”

Newly-elected retail board members are:

  *Beth Aberg, president, Random Harvest Inc.
  *Sasha Bopp, CEO, Crate and Barrel
  *Brendan Hoffman, president and CEO, Bon-Ton Stores Inc.
  *Ravi Saligram, president and CEO, OfficeMax

State retail association executives elected as ex officio board members are:

  *Michelle Ahlmer, executive director, Arizona Retailers Association
  *Roland Myers, president and CEO, Tennessee Retail Association

Associate Member Advisory Council representatives re-elected to the board are:

  *Karen Lowe, general manager, Global Retail Industry, IBM Corporation
  *Ramón B. Martin, president, Merchant Services Americas, American Express
  *Alison Paul, principal, Deloitte & Touche LLP

As the world’s largest retail trade association and the voice of retail
worldwide, NRF represents retailers of all types and sizes, including chain
restaurants and industry partners, from the United States and more than 45
countries abroad. Retailers operate more than 3.6 million U.S. establishments
that support one in four U.S. jobs – 42 million working Americans.
Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the
nation’s economy. NRF’s Retail Means Jobs campaign emphasizes the economic
importance of retail and encourages policymakers to support a Jobs, Innovation
and Consumer Value Agenda aimed at boosting economic growth and job creation.

Click here to view NRF’s Board of Directors


National Retail Federation
Stephen E. Schatz, 703-946-7510 / 212-542-1950
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