What about him? He looks pretty strong to me....
Joseph E. Antonini
Chairman of the Board of Directors
Joseph E. Antonini has over 40 years of experience in leadership, business strategy, driving growth, improving operations, hiring and training executive talent, and corporate governance. Joe is the former Chairman, President and CEO of Kmart Corporation, and has actively led and served on corporate boards of a wide diversity industry leaders such as Shell Oil (Energy), Chrysler (Automotive), Kmart (Retail), and NBD Bank (Financial), and several non-profits.
At Kmart, Antonini rose from a management trainee at the then S.S. Kresge Company in 1964, to Chairman of the giant retail chain in 1987. He is credited with leading Kmart into a new era by launching a store renewal program of unparalleled scope in retail history. This included expansion of the retailer’s specialty store concepts, along with introduction of the Kmart Super Center, both contributors to setting new sales and profit records.
Joe emphasized meeting customer needs and wants by providing quality merchandise at competitive prices, along with state-of-the art technology, to enhance customer service and increase the company’s profitability. He improved order shipment delivery from 10-14 days to less than 48 hours. He spearheaded dramatic efforts to redefine Kmart’s market image and restructure the Company to offer more on-trend merchandise and attract a new customer base. As Chairman, he emphasized several themes as the framework for Kmart’s growth strategy: consistent profitability, investment in infrastructure, technology and distribution systems and a store renewal/modernization of unparalleled scope.
Antonini engineered the expansion and growth of Kmart Specialty Division, the largest multi-specialty group in the world, consisting of Sports Authority, Office Max, Payless Drugstores, Builder’s Square, Borders/Walden Book Group, and Warehouse Clubs. Joe successfully introduced Martha Stewart, purchased The Sports Authority when it was only a 10-store chain, bought OfficeMax, and acquired Borders, Inc., when it was only a 22-store chain. These were all significantly grown and eventually successfully IPO’ed.
Joe has also served on the Board of Directors of Shell Oil Company, Chrysler Corporation, Polaroid Corporation, Ziebart International, NBD Bank (ultimately acquired and merged into Bank One and then JPMorgan Chase), Michigan Bell, Economic Club of Detroit, and as a Trustee for the National Italian American Foundation and Antonini currently servers on the Board of Directors Andretti Wine Group. Joe has been awarded key positions that include Chairman of the National Retail Federation and the National Minority Supplier Development Council and is a recipient of the Horatio Alger Award. A native of West Virginia, Joe holds a Bachelor of Science degree from West Virginia University. Joe was recognized by the University as its most distinguished alumni.
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