C.R. Anthony Names Smailes President, COO

By Fears, Ronda | THE JOURNAL RECORD, March 9, 1990 | Go to article overview

C.R. Anthony Names Smailes President, COO


Fears, Ronda, THE JOURNAL RECORD


A former Federated Department Stores executive, E. Jackson (Jack) Smailes, has taken over the reins of C.R. Anthony Co. of Oklahoma City as president and chief operating officer.

There also have been changes on the board.

"We are extremely pleased to have a retailing executive of this caliber join our company," said John J. Weisner, chief executive officer of Anthony's, who has assumed the position of chairman of the board. He was previously president and chief executive officer.

Bob Anthony, grandson of the founder of the company, has stepped down as chairman of the board of C.R. Anthony Co. but remains chairman of the board of C.R. Anthony Holding Corp. He was president of the company from 1980 through 1987 and now is chairman of the Oklahoma Corporation Commission.

Anthony said the addition to the company executive structure along with Smailes' background would benefit the company. He said the company saw a sharp gain in January sales, but exact figures were not available.

"The strengthening in our management team is his (Smailes') experience in merchandising and stores management," Anthony said.

Smailes, a graduate of Marshall University in Huntington, W.Va., became associated with Anthony's in 1989 when he accepted a consulting assignment to help the 225-store chain develop medium and long-range plans.

"I liked the people and the potential in this company from day one," Smailes said. "It is an exciting opportunity and my background is a great fit with the current needs of the organization.

"I am very enthusiastic about joining this management team."

Smailes, 47, was associated with Federated for 24 years, serving as president of Richway Stores in Atlanta and vice chairman of Gold Circle Stores in Columbus, Ohio. Federated is a division of the 258-store Campeau Corp. empire, which sought Chapter 11 bankruptcy protection earlier this year.

While responsible for all merchandising, advertising and marketing of Gold Circle Stores, a $1 billion company with 76 stores and 15,000 employees, Smailes developed a strategy that resulted in a 10 percent change in business, cut personnel turnover in merchandising and marketing by 35 percent and negotiated new printing and advertising contracts that saved the company $6 million while increasing pages and circulation. …

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