Pursuits
Ross Stores’ Rentler to Be 25th Female CEO in Fortune 500
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Ross Stores Inc. Chief Merchandising Officer Barbara Rentler will take the top job at the discount retailer next month, becoming the 25th female chief executive officer to currently serve at a Fortune 500 company.
Rentler is succeeding Michael Balmuth, who was already slated to step down on June 1, Dublin, California-based Ross said today in a statement. Rentler and Chief Operating Officer Michael O’Sullivan also will join the company’s board. Balmuth, 63, announced plans in August 2012 to hand over the CEO job and become executive chairman.