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American
Greetings Names Thomas H. Johnston as President,
Carlton
Cards Retail, Inc.
Dow Jones & Company, Inc. -- May 5, 2004
CLEVELAND, May 5 /PRNewswire-FirstCall/ -- American Greetings Corporation
(NYSE: AM) announced today that it has appointed Thomas H. Johnston
to the position of president, Carlton Cards Retail, Inc. In this
role, Johnston will provide executive leadership to approximately
600 card and gift stores operated by Carlton Retail throughout the
United States and Canada.
Johnston comes
to American Greetings with 32 years of management, marketing and
retail experience. Most recently, he was managing director of Gruppo,
Levey & Co., an investment bank specializing in the direct marketing
industry. Johnston also held various leadership positions at Hallmark
Cards, Inc., including president of Hallmark Brands, USA. In this
role, he was responsible for marketing, merchandising, product development,
research, sales and retail. Johnston also served as Hallmark's corporate
vice president of Specialty Products, group vice president of Corporate
Development and Strategy, and president of Hallmark's worldwide
trading company.
"We are
happy to have someone with Tom's depth and breadth of experience
in consumer marketing and retail operations on our team," said
President and Chief Operating Officer Jeff Weiss. "He will
be a tremendous resource to us, not only in leading our retail operations,
but also in contributing to the development of the Corporation's
longer-term strategy."
About American
Greetings Corporation
American Greetings
Corporation (NYSE: AM) is one of the world's largest manufacturers
of social expression products. Along with greeting cards, its product
lines include gift wrap, party goods, reading glasses, candles,
stationery, calendars, educational products, ornaments and electronic
greetings. Located in Cleveland, Ohio, American Greetings generates
annual net sales of approximately $2 billion. For more information
on the Corporation, visit http://
corporate.americangreetings.com.
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