Barneys New York Announces the Appointment of Three Senior Executives to Occupy an Interim Office of the President; Search Process for New CEO Continues.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 18, 2000 Barneys New York  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , Inc. announced the appointment of Michael Celestino, Judy Collinson, and Tom Kalenderian to occupy an Interim Office of the President. This action was taken as Allen Questrom steps down as Chief Executive Officer. Mr. Questrom will continue as Chairman of the Board and a member of the Executive Committee. Mr. Celestino, Ms. Collinson, and Mr. Kalenderian are veteran Barneys executives. In addition to handling their normal responsibilities, the three will be responsible for all day-to-day matters. They will report to the Company's Board of Directors. Allen Questrom stated, "Barneys is truly fortunate to have three highly-regarded senior executives guiding the Company during this transitional period. I am confident that they, together with Barneys' four other Executive Vice Presidents, will continue to make Barneys a strong and profitable company." Michael Celestino, Executive Vice President of Store Operations, has been with the Company since 1991. Mr. Celestino is responsible for all store operations including full-price stores, outlet stores An outlet store or factory outlet is a retail store in which manufacturers sell their stock directly to the public through their own branded stores. The stores can be can be brick and mortar or online. and the Company's warehouse sale. Judy Collinson, Executive Vice President and General Merchandise Manager of Womens Merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. , has been a Barneys New York employee since 1989. She is responsible for all women's merchandising. Tom Kalenderian, Executive Vice President and General Merchandise Manager of Mens Merchandising and Chelsea Passage, is a 21 year veteran of Barneys New York. He is responsible for all men's merchandising and Chelsea Passage. Mr. Questrom will continue to lead the process to select his successor. The other members of the search committee are directors David A. Strumwasser, a principal of Whippoorwill whippoorwill: see goatsucker. whippoorwill Species (Caprimulgus vociferus) of nocturnal North American bird, similar to the nightjar, named for its resonant “whip-poor-will” call (first and third syllables accented), which it may Associates, Inc. and Douglas P. Teitelbaum, managing principal of Bay Harbour Management L.C., and Vice Chairman Robert J. Tarr, Jr., former Chief Executive Officer of Neiman Marcus Neiman Marcus U.S. department-store chain. It was founded in Dallas, Texas, in 1907 by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband, A.L. Neiman. Group Inc. Bay Harbour and Whippoorwill, who together control over 80% of Barneys' common shares, jointly stated, "Barneys is a thriving and unique company. We have identified a number of attractive and qualified candidates to be Barneys' new Chief Executive Officer. We are diligently dil·i·gent adj. Marked by persevering, painstaking effort. See Synonyms at busy. [Middle English, from Old French, from Latin d working to make the best possible choice, and hope to conclude the process in the near future. In the interim, we are excited with the Board's decision to create an Interim Office of the President occupied by three wonderfully talented executives who will continue Barneys' existing growth plan." Barneys New York is a luxury retailer with flagship stores in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. and Chicago. In addition, the Company operates five regional full price stores, nine outlet stores and two semi-annual warehouse sale events. The Company also maintains corporate offices in New York City, and an administrative and distribution center in Lyndhurst, New Jersey Lyndhurst is a township in Bergen County, New Jersey, United States. As of the United States 2000 Census, the township population was 19,383. Lyndhurst was originally formed as Union Township on February 19, 1852 from portions of Harrison Township. and has 1,400 employees. |
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