Consumer >> CEO Interviews >> March 5, 2001

Joseph Ettore – Ames Department Stores Inc (ames)

ROLANDO DE AGUIAR joined Ames as Executive Vice President, Chief Financial Officer in April 1998 and was named to the additional post of Chief Administrative Officer a year later. In April 2000 Mr. de Aguiar was given formal responsibility for all e-business activities and named President of AmesPlace.com, a subsidiary of Ames Department Stores, Inc. From 1991 to 1993, he was Vice President, Planning and Development at Sears in Mexico where he initiated aggressive change in the company resulting in Sears de Mexico becoming one of the leading retail organizations in the Americas. In addition, at Sears in Mexico, Mr. de Aguiar was instrumental in the design and implementation of advanced information systems. Mr. de Aguiar has also spent 10 years at Occidental Petroleum Corporation in several senior positions including Manager of Mergers and Acquisitions, CFO of the Minerals Division and Director of Internal Audit for the company's worldwide operations. In addition, Mr. de Aguiar has held senior financial positions at AMNEX, Inc., at Gruma, and in the venture capital community. Mr. de Aguiar received his MBA and BS degrees from Northeastern University in Boston, Massachusetts and he is a Certified Public Accountant. He is also a member of the American Institute of Certified Public Accountants (AICPA), the Financial Executives Institute (FEI), and the International Mass Retail Association (IMRA). Profile
JOSEPH R. ETTORE, a retail executive with 39 years of discount industry experience, is the Chairman and Chief Executive Officer of Ames Department Stores, Inc. He joined the company in June 1994 and is responsible for all facets of Ames' day-to-day operations and has been directing Ames' growth since he joined the company. Mr. Ettore has received many industry awards and honors over the years. His retail peers have elected him to an unprecedented three terms as Chairman of the International Mass Retail Association (IMRA). In 1999, he was named a Humanitarian of the Year by the Housewares Charity Foundation for his philanthropic accomplishments in the community; honored as Retail Executive of the Year by Discount Merchandiser magazine; received the Discounters in Service to the Community (DISC) Award from Discount Store News; received the 1999 Business Leadership Award from the University of Hartford; and was presented with the Corporate Leadership Award by the National Council on the Aging. Prior to joining Ames, Mr. Ettore held executive positions at Jamesway Corporation, Stuarts Department Stores, Kings Department Stores and Unishops Inc. Mr. Ettore received a BS degree in 1961 from St. Peters College in Jersey City, NJ. Profile
TWST: Could you start us off with a brief overview and history of the

company?

Mr. Ettore: Ames is the largest regional discount department store in

the country today. We have 447 stores in 19