Misplaced Pages

#743256

33-468: The first store, which was opened by Carlos González Nova and his father, Antonino González Abascal, in Mexico City in 1930, primarily sold textile products. In January 2015 it was announced that Organización Soriana would buy Comercial Mexicana stores, from which 118 will be fully owned while 42 would be leased and operated by third parties. Comercial Mexicana had different retail formats, with

66-462: A board of directors , or may have no executive powers, in which case they are mainly a spokesperson for the organization. The power given depends upon the type of organization, its structure, and the rules it has created for itself. If the chair exceeds their authority, engages in misconduct, or fails to perform their duties, they may face disciplinary procedures. Such procedures may include censure , suspension, or removal from office . The rules of

99-528: A Mexican businessman who co-founded the Comercial Mexicana supermarket chain in 1930. Comercial Mexicana is the third largest supermarket chain in Mexico as of 2009. In 2000, Gonzáles Nova was in charge of a powerboat that killed UK singer Kirsty MacColl in a restricted beach diving area on Cozumel , Mexico. MacColl was struck saving her son from the speeding boat. It was widely reported that

132-472: A board appoints a president (or other title), the two terms are used for distinct positions. The term chairman may be used in a neutral manner, not directly implying the gender of the holder. In meetings or conferences, to "chair" something (chairing) means to lead the event. Terms for the office and its holder include chair , chairperson , chairman , chairwoman , convenor , facilitator , moderator , president , and presiding officer . The chair of

165-453: A boat which was illegally within a designated diving area. The powerboat involved in the accident was owned by González Nova and Guillermo González Nova, Carlos' brother. One of his employees, boathand José Cen Yam, stated that he was in control of the boat at the time of the incident. Eyewitnesses said that Cen Yam was not at the controls and that the boat was travelling much faster than the speed of one knot that González Nova said. Cen Yam

198-448: A lead independent director to provide some element of an independent perspective. The role of the chair in a private equity-backed board differs from the role in non-profit or publicly listed organizations in several ways, including the pay, role and what makes an effective private-equity chair. Companies with both an executive chair and a CEO include Ford , HSBC , Alphabet Inc. , and HP . A vice- or deputy chair, subordinate to

231-491: A parliamentary chamber is sometimes called the speaker . Chair has been used to refer to a seat or office of authority since the middle of the 17th century; its earliest citation in the Oxford English Dictionary dates to 1658–1659, four years after the first citation for chairman . Feminist critiques have analysed Chairman as an example of sexist language, associating the male gender with

264-423: A quasi-title gained particular resonance when socialist states from 1917 onward shunned more traditional leadership labels and stressed the collective control of Soviets (councils or committees) by beginning to refer to executive figureheads as "Chairman of the X Committee". Lenin , for example, officially functioned as the head of Soviet Russian government not as prime minister or as president but as "Chairman of

297-455: Is equivalent to the position of président-directeur général in France. Executive chair is an office separate from that of CEO, where the titleholder wields influence over company operations, such as Larry Ellison of Oracle , Douglas Flint of HSBC and Steve Case of AOL Time Warner . In particular, the group chair of HSBC is considered the top position of that institution, outranking

330-428: Is the presiding officer of an organized group such as a board , committee , or deliberative assembly . The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's business in an orderly fashion. In some organizations, the chair is also known as president (or other title). In others, where

363-905: The Council of People's Commissars ". At the same time, the head of the state was first called "Chairman of the Central Executive Committee " (until 1938) and then "Chairman of the Presidium of the Presidium of the Supreme Soviet ". In Communist China, Mao Zedong was commonly called "Chairman Mao", as he was officially Chairman of the Chinese Communist Party and Chairman of the Central Military Commission . In addition to

SECTION 10

#1732802597744

396-431: The administrative or executive duties in organizations, the chair presides over meetings. Such duties at meetings include: While presiding, the chair should remain impartial and not interrupt a speaker if the speaker has the floor and is following the rules of the group. In committees or small boards, the chair votes along with the other members; in assemblies or larger boards, the chair should vote only when it can affect

429-413: The agreement to sell stores to Soriana, Controladora Comercial Mexicana becomes a subsidiary of Tiendas Soriana; however, it only kept 143 of the 155 stores purchased. However, the process of unification and merger will be staggered, beginning with the joint operation of campaigns, such as that of Julio Regalado. Controladora CM has most of the branches of the original company (143 branches), which operate in

462-626: The board, such as: Many companies in the US have an executive chair; this method of organization is sometimes called the American model. Having a non-executive chair is common in the UK and Canada; this is sometimes called the British model. Expert opinion is rather evenly divided over which is the preferable model. There is a growing push by public market investors for companies with an executive chair to have

495-461: The boathand José Cen Yam, who took the blame for the death, was paid to do so by González Nova. Carlos González Nova was born on August 14, 1917, in México City . He was the second child of parents, Josefina Nova and Antonino González Abascal. He moved to Mexico with his family from Santander, Spain, when he was approximately 10 years old. González Nova co-founded Comercial Mexicana, which

528-566: The chain. As of January 4, 2016, the new company "La Comer" was born, successor to the original company founded in 1930, which intends to manage the four profitable formats of the company, identified as City Market, Fresko, Sumesa and the new entity, known as "La Comer". Unlike the previous company, it will not offer massive discounts but exclusively in El Buen Fin and its new concept of season of offers, Temporada Naranja (national pulicitaria campaign, successor to Julio Regalado); In addition,

561-536: The chair oversaw the controls of the business through compliance and audit and the direction of the business. Non-executive chair is also a separate post from the CEO; unlike an executive chair, a non-executive chair does not interfere in day-to-day company matters. Across the world, many companies have separated the roles of chair and CEO, saying that this move improves corporate governance. The non-executive chair's duties are typically limited to matters directly related to

594-413: The chair, is sometimes chosen to assist and to serve as chair in the latter's absence, or when a motion involving the chair is being discussed. In the absence of the chair and vice-chair, groups sometimes elect a chair pro tempore to fill the role for a single meeting. In some organizations that have both titles, deputy chair ranks higher than vice-chair, as there are often multiple vice-chairs but only

627-405: The chief executive, and is responsible for leading the board and representing the company in meetings with government figures. Before the creation of the group management board in 2006, HSBC's chair essentially held the duties of a chief executive at an equivalent institution, while HSBC's chief executive served as the deputy. After the 2006 reorganization, the management cadre ran the business, while

660-444: The customers out of the store and return the carts, which in turn kept the shopping cart thefts low. Carlos González Nova , Comercial Mexicana's co-founder, served as the chairman of the company's board of directors until 1998. In 2000 he was responsible for killing musician Kirsty MacColl by striking with a powerboat he was operating recklessly, having entered a restricted area off the coast of Cozumel , Mexico . He remained

693-627: The exercise of authority, this has led to the widespread use of the generic "Chairperson". In World Schools Style debating , as of 2009, chairperson or chair refers to the person who controls the debate; it recommends using Madame Chair or Mr. Chairman to address the chair. The FranklinCovey Style Guide for Business and Technical Communication and the American Psychological Association style guide advocate using chair or chairperson . The Oxford Dictionary of American Usage and Style (2000) suggested that

SECTION 20

#1732802597744

726-831: The financial crisis that Controladora Comercial Mexicana went through in 2008, the company decided to gradually dispense with its formats, being Costco the first Comercial Mexicana format to be sold to its US counterpart in 2012, in which said price club entered to the Mexican market through a joint venture in 1991, in which on July 14, 2012, Controladora Comercial Mexicana sold the stake in Costco México to its United States subsidiary Costco Wholesale Corporation for 12,791 million Mexican pesos. Likewise, on August 21, 2014, Controladora Comercial Mexicana sold its Beer Factory and California restaurants to Grupo Gigante for 1,061 million Mexican pesos, which were converted into Toks. In 2015, with

759-457: The formats Tienda Comercial Mexicana, Bodega Comercial, Mega Comercial and AlPrecio. Between 2016 and 2018, Soriana had the rights to use the original name and logo of "Comercial Mexicana", so the stores that use this badge are those that are managed by the company originally from Torreón and currently based in Monterrey. After this time, these stores were renamed to one of the formats managed by

792-424: The gender-neutral forms were gaining ground; it advocated chair for both men and women. The Daily Telegraph 's style guide bans the use of chair and chairperson ; the newspaper's position, as of 2018, is that "chairman is correct English". The National Association of Parliamentarians adopted a resolution in 1975 discouraging the use of chairperson and rescinded it in 2017. The word chair can refer to

825-1100: The general stores branded as Comercial Mexicana, the larger stores as Mega Comercial Mexicana and its smaller facilities as Bodega Comercial Mexicana. Many of its general stores were connected to a shopping mall with competing businesses surrounding. An example was in Plaza Río in Tijuana, Baja California , which had a Comercial Mexicana as an anchor store but also has a traditional department store and smaller specialty stores selling items that could be purchased in Comercial Mexicana. From 1962 to 2016, Controladora Comercial Mexicana (currently Grupo LaComer) managed 10 store formats, among which were hypermarkets (Comercial Mexicana), megamarkets (MEGA), self-service warehouses (Bodega Comercial Mexicana), general and premium supermarkets (Sumesa, Fresko and City Market), rural supermarkets (Alprecio), warehouse clubs (Costco) and restaurants (California Restaurants and Beer Factory). Due to

858-402: The honorary chairman of Comercial Mexicana until his death on August 19, 2009, at the age of 92. In 1998, Guillermo González Nova, younger brother of Carlos, became chairman of the board. Carlos González Nova's son, Carlos González Zabalegui, was the last company's executive chairman and CEO . Carlos Gonz%C3%A1lez Nova Carlos González Nova (14 August 1917 – 19 August 2009) was

891-460: The new store will no longer offer clothing or footwear in its new formats. Initially, the company started with 54 units. Comercial Mexicana also had programs for children. In exchange for working in stores as bag boys, the children received family support, tuition support and educational supplies, and basic services. The children worn almost-trademark brown uniforms with the orange pelican logo and were expected to be well groomed. They helped most of

924-417: The organization would provide details on who can perform these disciplinary procedures. Usually, whoever appointed or elected the chair has the power to discipline them. There are three common types of chair in public corporations. The chief executive officer (CEO) may also hold the title of chair, in which case the board frequently names an independent member of the board as a lead director. This position

957-403: The place from which the holder of the office presides, whether on a chair, at a lectern, or elsewhere. During meetings, the person presiding is said to be "in the chair" and is also referred to as "the chair". Parliamentary procedure requires that members address the "chair" as "Mr. (or Madam) Chairman (or Chair or Chairperson)" rather than using a name – one of many customs intended to maintain

990-433: The presiding officer's impartiality and to ensure an objective and impersonal approach. In the British music hall tradition, the chairman was the master of ceremonies who announced the performances and was responsible for controlling any rowdy elements in the audience. The role was popularised on British TV in the 1960s and 1970s by Leonard Sachs , the chairman on the variety show The Good Old Days . "Chairman" as

1023-403: The result. At a meeting, the chair only has one vote (i.e. the chair cannot vote twice and cannot override the decision of the group unless the organization has specifically given the chair such authority). The powers of the chair vary widely across organizations. In some organizations they have the authority to hire staff and make financial decisions. In others they only make recommendations to

Comercial Mexicana - Misplaced Pages Continue

1056-528: Was found guilty of culpable homicide . People who said they spoke to Cen Yam after the accident said he received money for taking the blame. González Nova died on August 19, 2009, at the age of 92. His son, Carlos González Zabalegui, continues to serve as the executive chairman and CEO of the company as of August 2009. This Mexican business biographical article is a stub . You can help Misplaced Pages by expanding it . Executive chairman The chair , also chairman , chairwoman , or chairperson ,

1089-467: Was originally called La Comer, with his father, Antonino González Abascal, as a textile -products store in Mexico City in 1930. He served as the chairman of the company's board of directors until 1998. Gonzalez Nova remained the honorary chairman of the Comercial Mexicana chain until his death in 2009. On 18 December 2000, English singer-songwriter Kirsty MacColl was killed when struck by

#743256