Kmart restructuring
This article was originally published in The Tan Sheet
Executive Summary
Gregg Treadway appointed exec VP-store operations, will head new field organizational structure effective immediately, retailer announces Feb. 5. Formerly senior VP-Midwest division, Treadway will report to CEO Chuck Conaway. Kmart's new structure includes five operating divisions - four geographical regions and one "super center" - rather than six geographical field locations. Newly appointed division presidents report to Treadway. Move is first step toward reorganization since Kmart filed for Chapter 11 protection Jan. 22 (1"The Tan Sheet" Jan. 28, 2002, p. 9)...