Telsey Upgrades Bed Bath & Beyond (BBBY) to Outperform

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After-Hours Movers 10/09: (BBBY) (EXFO) (S) Higher; (TGT) Lower (more...)

October 9, 2019 5:29 PM EDT

Today's After-Hours Movers:

Bed Bath & Beyond Inc. (Nasdaq: BBBY) 22.1% HIGHER; announced the appointment of Mark J. Tritton as President and Chief Executive Officer (CEO) and as a member of its Board of Directors, effective November 4, 2019. He... More

Bed Bath & Beyond hires Target executive as CEO

October 9, 2019 4:44 PM EDT

By Nivedita Balu

(Reuters) - Bed Bath & Beyond Inc (NASDAQ: BBBY) on Wednesday hired Target Corp's (NYSE: TGT) Mark Tritton as chief executive officer, months after its long-time head, Steven Temares, left the company under pressure from activist investors, sending its shares up 23%.

Tritton joined Target in 2016 and is currently its chief merchandising officer. He takes over his new role at the houseware retailer in November, Bed Bath & Beyond said in a... More

Bed Bath & Beyond (BBBY) Names Target Executive Mark Tritton as President and CEO

October 9, 2019 4:27 PM EDT

(Updated - October 9, 2019 4:28 PM EDT)

Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced the appointment of Mark J. Tritton as President and Chief Executive Officer (CEO) and as a member of its Board of Directors, effective November 4, 2019. He succeeds interim CEO, Mary A. Winston.

Mr. Tritton has over 30 years of experience in the retail industry, including most recently as Executive Vice President and Chief Merchandising Officer at Target Corporation, where he was instrumental in transforming the omni-channel shopping experience. He has end-to-end retail industry experience in merchandising, design, manufacturing, marketing and... More