Executive Shakeup at Marshall Field's

By Staff -- Home Textiles Today, 10/4/2004 12:00:00 AM

St. Louis —

Linda Ahlers, president of Marshall Field's, will retire on Dec. 31.

In response, the company has made some promotions. Frank Guzzetta will become president and CEO of Marshall Field's effective Jan. 1. He is currently president and CEO of the Hecht's/Strawbridge's division. As part of the management transition, Guzzetta will join Marshall Field's beginning Nov. 1. Robert Soroka has been named to the new position of chairman of Marshall Field's, effective Oct. 4. He is currently chairman of the Robinsons-May division. Robert Harrison will succeed Soroka as chairman of Robinsons-May. He is currently senior vice president and chief financial officer at Robinsons-May.

In 1990, Guzzetta was promoted to senior vice president and general merchandise manager and in 1998 was named executive vice president of merchandising. He was named president and CEO of Hecht's/ Strawbridge's in 2000.

From 1983 through 1990, Soroka held financial and credit positions at three May department store divisions. He was named senior vice president and chief financial officer for Robinsons-May in 1990 and chairman in 1996.

Harrison held financial positions at Kaufmann's prior to being named senior vice president of finance for Meier & Frank in in 1998. He was named senior vice president and chief financial officer for Robinsons-May in 2002.

Ahlers joined Target Corporation in 1977 and held a variety of positions prior to being named executive vice president of merchandising at Marshall Field's in 1995, then president in 1996.