Search results
Charles Conaway is an American businessman who is best known for having been the CEO of Kmart. He has also been the President and Chief Operating Officer of CVS Corporation . [1]
- Overview
- Personal Life
- Career Details
- Social and Economic Impact
- Sources of Information
Charles C. Conaway had been chairman and chief executive officer of the discount department store chain Kmart Corporation since May 2000. A few days before Kmart filed for bankruptcy on January 22, 2002, James Adamson assumed the position of chairman. Dubbed by Kmart insiders as "the Kmart Tornado," Conaway heads the second largest retailer in the ...
Conaway is married to wife Lisa and has two daughters, ages 10 and 12. He enjoys golf and basketball. An avid bow–hunter, the sport has taken him big–game hunting in places such as South Africa. He has served on the board of directors of Linens'n Things, Streamline.com, and Health Connections. Conaway was born in 1960 in Lapeer, Michigan. Still far...
When Conaway was only 29, he co–founded Reliable Drug Stores Inc., in Indianapolis, Indiana, in 1989.He also served as the company's executive vice president and chief operating officer. The company eventually became a $400 million chain. In 1992 he left Reliable to work at CVS Corp., where he was brought on board as senior vice president of pharma...
Often dubbed a whiz–kid throughout his years at CVS, Conaway was named chief of one of the largest retailers in the world, Kmart Corporation, before the age of 40. With no prior apparel experience, Conaway took control of the more than 100–year–old, $37 billion company, which is also one of the nation's largest employers. He has already begun to fi...
Contact at: Kmart Corporation 3100 W. Big Beaver Rd. Troy, MI 48084 Business Phone: (248)463–1000 URL: http://www.bluelight.com
Chuck Conaway, Kmart In 2000, Chuck Conaway was tasked with turning around the ailing retailer Kmart, which was facing tough competition from the big-box behemoth Wal-Mart. Many believed that Conaway’s prior success as president and COO of CVS made him the right CEO to rebrand the store and rehab its failing supply chain.
Jan 30, 2002 · Last April, however, chairman and CEO Charles “Chuck” Conaway reintroduced and broadened the strategy, renaming it “BlueLight Always” and cutting prices on thousands of items.
Mar 11, 2002 · DETROIT (AP) _ Kmart Corp.'s chief executive, Chuck Conaway, left the struggling discount chain on Monday, three days after the company announced it was closing 284 stores and cutting 22,000 jobs.
Aug 4, 2009 · In a court filing, the Securities and Exchange Commission charged Charles C. Conaway, the former chief executive of Kmart, with misleading investors and concealing information from Kmart...
Nov 10, 2010 · NEW YORK, Nov 10 (Reuters) - Charles Conaway, a former chief executive of Kmart Corp, agreed to pay $5.5 million to end a U.S. Securities and Exchange Commission lawsuit accusing him of...
