Rick Johnson

As a turnaround specialist, Dr. Rick Johnson (www.ceostrategist.com) has worked with a number of companies that would be considered losers. He observed the problems in those companies were generally at the top of the organizational chart, not in the middle or at the bottom. In most cases, companies losing market share, customers and money were also suffering from poor leadership. In contrast, Dr. Johnson noted, “winning organizations have a knack for leadership development throughout” the company. Succession becomes more than just the eventual transfer of ownership.” Strong companies understand that succession occurs throughout the company, not just

John Froman was kicked upstairs at Circuit City. He is now executive vice president and chief operating officer. Froman joined Circuit City in 1986 and is a Dealerscope Editorial Advisory Board member. Former Target Senior VP Kim D. Maguire filled Froman's old post as Circuit City's new executive vice president of merchandising. Circuit City also named Carl C. Liebert III president of its Northeast operating division, which includes 111 stores located from Pennsylvania through the state of Maine. Liebert joined Circuit City in November 1999 as vice president of corporate operations. Best Buy promoted two VPs: Randy Wick, also a Dealerscope Editorial Advisory

John Froman was appointed executive vice president and chief operating officer of Circuit City. He most recently held the title of executive vice president of merchandising. Froman joined Circuit City in 1986. Also at Circuit City, Kim D. Maguire was named executive vice president of merchandising. He succeeds John Froman, who was promoted to executive vice president and COO. Maguire formerly was senior vice president, hardlines, for Target Stores. He brings to Circuit City more than 20 years experience with Target to his new position. At Tweeter Home Entertainment Group, Rick Johnson was hired as national director of construction. Johnson joins the company with

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