BHFC NAMES REDDINGTON CEO.LANCASTER, Pa.--(BUSINESS WIRE)--Feb. 24, 1997--G. Joseph Reddington, the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Signature Group (jointly owned by Montgomery Ward and General Electric Capital Corporation) has been named chief executive officer and a director of privately held Breuners Home Furnishings Corporation (BHFC BHFC Backward Horizontal F Code ). BHFC is a mid to upper end furniture retailer with operations on both the East and West coasts. In this new role, he assumes the CEO duties from Michael H. Solomon and reports to BHFC's Board of Directors. Solomon remains chairman of the board of BHFC. Fred Berk, president of BHFC, will report to Reddington. Reddington joined Signature Group as CEO in 1994. In his three years at this company, he grew sales from $400 million to nearly $800 million through a combination of internal growth and the integration of several acquisitions. Before joining Signature Group, Reddington spent twenty-eight years with Sears, gaining experience in all aspects of their retailing and direct mail operations and achieving an impressive track record of success. At Sears, Reddington was given increasing levels of responsibility both in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and internationally, culminating in his appointment in 1989 as president and CEO of Sears Canada Sears Canada Inc. TSX: SCC (more commonly referred to as "Sears") is a retailer, headquartered in Toronto, Ontario, that operates in all provinces and territories across Canada with a network of 188 corporate stores, 180 dealer stores, 67 home improvement showrooms, 112 Sears , the $4.0 billion Canadian retailer and direct mail company. He held this post until his departure from Sears in 1994. Within Sears, Reddington also served as chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive and senior executive vice-president of all Field Operations for Sears USA, as well as president and COO of Sears Canada. In addition to his experience in these roles, Reddington has held key positions of responsibility in the areas of merchandising, store operations, planning, finance and administration. Reddington, who is currently a director of TWA TWA Time-weighted average, see there Airlines and Loblaws, holds both a B.A. degree in Business as well as a Law Degree from the University of Iowa Not to be confused with Iowa State University. The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. . CONTACT: Michael H. Solomon, chairman, or Joseph Reddington, CEO, 717/560-6555, both of Breuners Home Furnishings Corporation. |
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