James B. Adamson Explained

James Adamson is an American business man who was CEO of Burger King (1993–1995), CEO and chairman of Denny's and its parent company Advantica (1993–2002),[1] and Kmart (2002–2003).[2] [3]

He is noted as a turnaround specialist having helped restructure of drugstore chain Revco after its purchase by CVS Caremark in 1997. He was instrumental in restoring Denny's reputation after a series of racial incidents occurred at several of its stores during the mid-1990s.[4] He was given the position of Kmart CEO in an attempt to swing the company's finances around in March 2002.[5]

Notes and References

  1. Web site: Marchioli Named President & CEO Of Advantica and Denny's; Adamson to Continue as Chairman . 4 January 2001 . Business Wire . 9 March 2010 .
  2. News: Kmart Chief Executive Resigns . El Boghdady . Dina . 12 March 2002 . Washington Post . 9 March 2010.
  3. Web site: Kmart Promotes President Julian C. Day to Chief Executive Office as company prepares to emerge from Chapter 11 . 19 January 2003 . Sears Holdings . 9 March 2010 .
  4. News: Chief Is Out As Kmart Tries To Get Footing For Comeback . Hays . Constance . 12 March 2002 . New York Times . c1 . 9 March 2010.
  5. Web site: Kmart CEO Conaway Leaves Company . 11 March 2002 . Retail Merchandiser magazine . 9 March 2010.

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