Julian C. Day

AAA

DEFINITION of 'Julian C. Day'

The CEO and chairman of technology retailer Radio Shack since July 2006 and a former CEO and president of mass merchandiser Kmart Corp. After joining Kmart as its COO and president in 2002, he rose to CEO in January 2003. Day helped Kmart strengthen its balance sheet, improve profitability and liquidity, reduce debt, secure exit financing and decrease operating costs. One of his strategies was to decentralize decision making so store managers had more control over their inventory purchases. He stepped down as Kmart's CEO in October 2004.

INVESTOPEDIA EXPLAINS 'Julian C. Day'

Day was born in England in 1952 and educated at Oxford and the London Business School. He began his career with consulting firm McKinsey & Company in 1980 and went on to work at Chase Manhattan Bank and at asset manager Kohlberg, Kravis, Roberts & Co. His first C-level position was at Safeway (North America), where he became CFO in 1993 and later executive vice president. He dramatically improved the company's share price, earning a reputation as a turnaround specialist. He then joined Sears, Roebuck and Co. in 1999, where he held the same positions.



RELATED TERMS
  1. Kenneth I. Chenault

    The chairman and CEO of American Express. Chenault joined the ...
  2. Chairman

    An executive elected by a company's board of directors that is ...
  3. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  4. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  5. Corporate Governance

    The system of rules, practices and processes by which a company ...
  6. Same-Store Sales

    A statistic used in retail industry analysis that compares the ...
Related Articles
  1. Insurance

    Evaluating The Board Of Directors

    Corporate structure can tell you a lot about a company's potential. Learn more here.
  2. Markets

    What Investors Can Learn From Insider Trading

    Some insider trading is actually legal - and can be extremely telling for investors.
  3. Investing

    Choosing The Winners In The Click-And-Mortar Game

    E-tailing has changed the way consumers do nearly everything. Do you know how to pick the best retailer?
  4. Fundamental Analysis

    Analyzing Retail Stocks

    To analyze retail stocks, investors need to be aware of the most common metrics used. Find out what they are.
  5. Options & Futures

    Governance Pays

    Learn about how the way a company keeps its management in check can affect the bottom line.
  6. Economics

    Evaluating Grocery Store Stocks

    Retail grocers are no longer a homogeneous group selling products in the same manner. Find out how to evaluate these companies.
  7. Professionals

    Understanding Interpersonal Skills

    Interpersonal skills are the social skills people use to interact effectively with other people. A lack of good interpersonal skills may lead to unsuccessful personal relationships, as well as ...
  8. Investing News

    The 5 Wealthiest People in Mexico

    Most people in the know have heard of Carlos Slim and his massive fortune. But what about Mexico's other richest people?
  9. Professionals

    How Mukesh Ambani Has Expanded Reliance Industry

    Mukesh Ambani has expanded Reliance Industries and increased its revenues, but his public image, and that of his company, have not fared as well.
  10. Professionals

    Who Counts as an Entrepreneur?

    An entrepreneur is a person who starts a new business or organization, taking some personal financial risk to do so. He or she may quit a secure job to devote time to starting the new business, ...

You May Also Like

Hot Definitions
  1. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  2. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  3. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
  4. Fixed Asset

    A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be ...
  5. Break-Even Analysis

    An analysis to determine the point at which revenue received equals the costs associated with receiving the revenue. Break-even ...
  6. Key Performance Indicators - KPI

    A set of quantifiable measures that a company or industry uses to gauge or compare performance in terms of meeting their ...
Trading Center