Electronic Commerce
E-commerce veteran Randy Ronning takes over as chairman at ShopNBC
(INTERNET RETAILER) - Continuing a thoroughgoing turnover of top management at struggling TV and web retailer ShopNBC, e-commerce veteran Randy Ronning has taken over as chairman of the board, replacing John Buck.
Ronning was executive vice president and chief merchandising officer when he left competing home shopping retailer QVC Inc. in 2007 after a six-year stint, and before that spent 30 years at J.C. Penney Co. Inc., where he headed the catalog, distribution and Internet divisions. Ronning rejoins another QVC veteran, Keith Stewart, who joined ShopNBC in August 2008 as president and chief operating officer, following the firing of CEO Rene Aiu, who had been in the job only six months. Stewart was named CEO early this year around the same time as Ronning joined the ShopNBC board as a member.
Buck, who was interim CEO after the firing of Aiu, says the time is right for him to leave ShopNBC, No. 87 in the Internet Retailer Top 500 Guide. “The company is nearing completion of its cable and satellite renegotiations and, while doing so, has maintained its national footprint of 73 million homes while significantly lowering its distribution fees,” Buck says. “ShopNBC`s seven-member Board has been reconstituted over the past 12 months with five new directors, who will be chaired by an extremely well-versed multi-channel retailing veteran in Randy Ronning.”
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