GREEN BAY, Wis.–ShopKo named W. Paul Jones, president and chief merchandising officer, chief executive officer of the Midwestern discount chain.
Jones succeeds Michael MacDonald, who is leaving the company to pursue another opportunity, effective April 3.
Jones joined ShopKo in November 2007 following a 20-year career in senior leadership roles at department stores, mid-tier chain stores and big box retailers such as the former May Department Stores, Kohl’s and Sears.
Since joining ShopKo, Jones has “successfully implemented” a new merchandising strategy based on differentiated brands and strong promotional values, the company said, in a statement.
“Paul’s entry into the company has been positively transformational,” said T. Scott King, senior managing director for Sun Capital, ShopKo’s majority shareholder, in the statement.
