She currently serves on the board of directors at PPG Industries and Baxter International. Before Target, Smith served as CFO for Express Scripts, Walmart International, Gamestop, Centex, Kennametal, Textron and Raytheon. During that time, Target achieved double-digit revenue and EPS growth. Prior to Bright Health, Smith worked as the CFO for Target Corp. “Keeping the customer at the center of business decisions is key for long-term success.” “Nordstrom is an iconic brand with a relentless focus on customers,” Smith said. The main issue McCue points out is users wanting “easier and better ways to discover content about the things that matter…”Īccording to the release by Zite, it could be a minimum of six months before the app is shut down.What Will Be the 2023 Men's Shoe of the Summer? Execs from Saks, Bergdorf Goodman & More Weigh In on Trends We hope you come with us and help us shape the future of news.”įlipboard acquired Zite from CNN to help address issues heard from its users according to Flipboard CEO Mike McCue. Klaas said of Zite users, “what Flipboard saw in us, you saw first. Zite will continue to be supported by their team until the transfer. Klaas confirmed that the Zite app will indeed be shut down, but says the two teams will be working together in order to get the best features of Zite into Flipboard before that occurs. Zite Co-Founder Mike Klaas said, “Together, we’re going to build the most wonderful place to read news that has ever existed.” CEOs of both companies released statements today. There are no details as for what may come out of the deal.
Flipboard has announced they have acquired Zite and will be working with their team, as well as CNN, to create an “unparalleled personal magazine” for all readers.įlipboard acquires & partners with Read CEO letter on what lies ahead
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