The Spiegel Group announced that Geralynn Madonna has been named president and chief executive officer of Spiegel Catalog and Newport News. Ms. Madonna previously held the position of president and chief operating officer of Newport News.
“Geralynn has been a key member of The Spiegel Group team for many years,” said William Kosturos, chief restructuring officer and interim CEO of The Spiegel Group. “I have great confidence in Geralynn’s ability to provide reinvigorated and refocused leadership for both Spiegel Catalog and Newport News. We are fortunate to be able to draw upon her many talents and experiences.”
“Spiegel and Newport News are very powerful direct mail brands and I am looking forward to the opportunity to further strengthen and differentiate both brands,” said Ms. Madonna. “We have an extremely talented and dedicated group of associates, and I am confident that together we will be able to make significant progress.”
Ms. Madonna will take over the management responsibilities of Melissa Payner, former president and chief executive officer of Spiegel Catalog, and George Ittner, former chairman and chief executive officer of Newport News, both of whom have resigned from the company to pursue other interests. Mr. Ittner has agreed to provide consulting services to the company.
Ms. Madonna has been with the company for more than 21 years. In her most recent position as president and chief operating officer of Newport News, she oversaw all company-wide operations, including merchandising, product design and development, and financial management.