Executive Alert is a weekly report on career moves, awards and recognition and other top news about executives from across the Show-Me State.
Scott Davis, Panera Bread Co.’s chief innovation officer, will leave the St. Louis-based restaurant chain at year’s end to focus on his health. Davis got his start with the company in 1987 as a store manager for Au Bon Pain Company, which later bought the St. Louis Bread Company. He led the development of the company’s bakery-cafes in 1996. More recently, he helped introduce Panera’s health-conscious “hidden menu.”
Hallmark Cards Inc. has named Evon Jones its new senior vice president of technology and business enablement. Jones will also serve as chief information officer for the Kansas City-based greeting card company. He replaces Mike Goodwin, who left Hallmark to become senior vice president and CIO of PetSmart Inc.
Hallmark also confirmed the departure of Lisa Macpherson, its former senior vice president of marketing. Macpherson, who joined the company in 2000, oversaw the Hallmark Hall of Fame television series, in addition to numerous advertising and marketing responsibilities. Ellen Junger, currently the company’s vice president of consumer solutions, will take over the chief marketing officer role.
The Federal Reserve Banks of St. Louis and Kansas City both announced leadership changes involving high-ranking executives from Missouri companies. In St. Louis, Express Scripts CEO George Paz, was elected the bank’s board chairman. Rakesh Sachdev, president and CEO of Sigma-Aldrich, and Kathleen Mazzarella, chairman, president and CEO of Graybar Electric Co., will also serve on the St. Louis board. In Kansas City, Paul Thompson, the CEO of Country Club Bank, was elected to a three-year board term. Jonathan Kemper, chairman of Commerce Bank, was reappointed as the Tenth District’s representative on the Federal Advisory Council for 2015.
Karen Seaberg was named board chair of MGP Ingredients Inc. She becomes the first woman to hold the role and continues a long tradition of her family leading the Atchison, Kan.-based producer of alcohol and other grain-based ingredients. Her grandfather, Cloud L. Cray Sr., founded the company in 1941.
In the news
Laclede Group revealed in regulatory documents that CEO Suzanne Sitherwood received a 24 percent pay raise this year. Sitherwood received $2.6 million in 2014, up from $2.1 million last year and $1.9 million in 2012. Other 2014 compensation for the St. Louis-based utility included: $967,355 for Steven Rasche, CFO and executive vice president; $1 million for Steven Lindsey, COO of distribution operations; and $1.1 million for Craig L. Dowdy, senior vice president external affairs, corporate communications and marketing. The company reported net income of $11.7 million in the third quarter, up from $6.6 million last year.
Boeing Co. chairman and CEO Jim McNerney just turned 65 and appears likely to retire in 2016 or sooner, leaving behind a legacy as a polarizing leader, according to a Seattle Times report. Chicago-based Boeing, which has its Defense, Space & Security unit headquarters in Hazelwood, has achieved stellar profits in McNerney’s decade at the helm. But his relentless pursuit of efficiency has often roiled engineers and machinists.