SGB Update

American Exchange Group Acquires Island Surf Company

Island Surf Company will become a division of White Mountain Footwear, a brand that American Exchange acquired in January 2023. Joe O’Brien will reportedly continue to lead the Island Surf Company brand.

Macy’s, Inc. Appoints New Chief Information Officer

Keith Credendino, who is currently SVP of technology product development, customer experience, will succeed the retiring Laura Miller as CIO, effective August 4, and join the company’s Corporate Strategy Group.

MSG Sports Names Chief Operating Officer 

Before joining Madison Square Gardens Corp. in 2008, Jamal Lesane worked as an associate counsel at HBO, providing legal support and counsel to HBO Sports and HBO Licensing and Retail. Before that, he was a corporate lawyer at Covington and Burling LLP. He received his J.D. from Harvard Law School.

CSG Appoints EVP, Munitions Programs for CSE USA

Jeff Janey was appointed executive vice president of CSG’s Munitions Programs for CSE USA, the company’s Reston, VA-based U.S. division, collaborating with partners and the U.S. Government, international trade and the development of strategic relationships. 

Target Will Stop Accepting Checks at Checkout

Target announced on Tuesday, July 9, that, as of July 15, it will no longer accept personal checks from customers at the time of checkout. The retailer confirmed its decision with the Associated Press, citing “extremely low volumes” of customers who pay by check.