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Archive | July 21, 2012

John Menzer Resigns as Michaels CEO

Michaels Stores, Inc. announced Friday (July 20th) that CEO John Menzer has resigned to focus on his medical rehabilitation.

Menzer had been on medical leave from Michaels since he suffered a stroke in mid-April. The company has been being run since then by an Office of the CEO comprised of Lew Klessel, Interim Chief Operating Officer for the Company and Managing Director of Bain Capital, and Chuck Sonsteby, Chief Administrative Officer and Chief Financial Officer.

The company has announced that it will conduct a search for a replacement for Menzer, and the Office of the CEO will continue to run the company in the interim until a replacement is found. Continue Reading →

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CHA Summer 2012: Little Yellow Bicycle

I couldn’t go to CHA Summer 2012 without visiting Little Yellow Bicycle!

That’s me, Stephanie, on the right. On the left is Sharon Kropp, the owner of Little Yellow Bicycle. In the middle is my friend Kathryn, who taught classes at the local scrapbook store I worked at years ago. She is assisting at the show and does other work for Little Yellow Bicycle, too. While CHA is a lot of hard work, it also often comes with the fun of running into old friends. Continue Reading →

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