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December 21, 2007

Zale Appoints Goldberg As New CEO

Zale Corp. named Neal Goldberg its new president and CEO, replacing Betsy Burton. Goldberg has had experience at Victoria’s Secret, Macy’s and Gap. His most recent position was as president of The Children’s Place.

Zale has been struggling to put some permanent leadership in place, while its financial picture has flagged. The $2.5 billion jewelry retailer reported a loss of $28.4 million in its last quarter, compared to a loss of $26.4 million a year ago.

Posted by Blacks on December 21, 2007 10:36 AM

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