TPM News

• Home Depot Resists Subpoenas of Execs
  The plaintiff's lawyer in the Home Depot whistle-blower case wants to take depositions from several top company executives, including the chief financial officer. But so far the home-improvement giant is resisting, according to The New York Post, citing motions filed with the U.S. Department of Labor.
  Click here for more information.
• SYRACUSE, N.Y.--(BUSINESS WIRE)--Feb. 3, 2006--The Penn Traffic Company announced today that the Board of Directors has terminated the employment of Les Knox, Senior Vice President, Chief Marketing Officer, and Linda Jones, Vice President, Non-Perishable Merchandising, following the presentation by the Audit Committee of an interim report in connection with its internal investigation into the Company's promotional allowance practices and policies. To date, the internal investigation has found certain improper practices relating to the recognition of promotional allowances in periods prior to the Company's emergence from Chapter 11 under the Bankruptcy Code in April 2005.
• Mike Kantor takes over TPMA
  The Trade Promotion Management Association announced today that Mike Kantor has been appointed as Executive Director, replacing Deb Kuhns, who resigned a few weeks ago.
  
  Replacing Deb is a tough job, but I’ve had the pleasure of knowing Mike for several years, and working with him, and I’m confident TPMA has made a good choice.