Floyd Hall
Encyclopedia
Floyd Hall is an American
business executive and sports team owner. Hall was the Chief Executive Officer
of Kmart
from June 1995–2001. During Hall's term in office, the chain sold off several specialty businesses to focus on its core discount store business, and enjoyed a string of quarterly earnings-per-share gains. Earnings growth expanded with the remodeling of stores into the Big Kmart format, and the popularity of the Martha Stewart
line of household products. He is a resident of Montclair, New Jersey
.
Hall started with Montgomery Ward
in August 1956. From 1970 to 1984, Hall was at the Singer Company where he served as Regional Vice President. Later he was hired by B. Dalton Booksellers where he was promoted to Chief Executive Officer
(CEO). He was appointed as Chairman and CEO of Target Stores in 1981 and as partner and CEO with the Grand Union
grocery chain in February 1984. In 1995, he was hired by Kmart as its President and CEO.
In 1997, Hall formed a partnership with the state of New Jersey
and Montclair State University
. Hall created Floyd Hall Enterprises, which supervised construction of the 4,000-seat Yogi Berra Stadium
, home field for the New Jersey Jackals
baseball team, and a two-rink ice arena, Floyd Hall Arena, both located on the campus of Montclair State University.
In 2006, Hall placed the new Sussex Skyhawks
in the recently vacated Skylands Park
in Augusta
, New Jersey
.
Hall was nominated on February 10, 2006, by President George W. Bush
to serve on the Amtrak
Reform Board for a five-year term of office. Hall was earlier appointed in a recess appointment
to the same position on January 4, 2006.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
business executive and sports team owner. Hall was the Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Kmart
Kmart
Kmart, sometimes styled as "K-Mart," is a chain of discount department stores. The chain acquired Sears in 2005, forming a new corporation under the name Sears Holdings Corporation. The company was founded in 1962 and is the third largest discount store chain in the world, behind Wal-Mart and...
from June 1995–2001. During Hall's term in office, the chain sold off several specialty businesses to focus on its core discount store business, and enjoyed a string of quarterly earnings-per-share gains. Earnings growth expanded with the remodeling of stores into the Big Kmart format, and the popularity of the Martha Stewart
Martha Stewart
Martha Stewart is an American business magnate, author, magazine publisher, and television personality. As founder of Martha Stewart Living Omnimedia, she has gained success through a variety of business ventures, encompassing publishing, broadcasting, and merchandising...
line of household products. He is a resident of Montclair, New Jersey
Montclair, New Jersey
-Demographics:As of the census of 2000, there were 38,977 people, 15,020 households, and 9,687 families residing in the township. The population density was 6,183.6 people per square mile . There were 15,531 housing units at an average density of 2,464.0 per square mile...
.
Hall started with Montgomery Ward
Montgomery Ward
Montgomery Ward is an online retailer that carries the same name as the former American department store chain, founded as the world's #1 mail order business in 1872 by Aaron Montgomery Ward, and which went out of business in 2001...
in August 1956. From 1970 to 1984, Hall was at the Singer Company where he served as Regional Vice President. Later he was hired by B. Dalton Booksellers where he was promoted to Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
(CEO). He was appointed as Chairman and CEO of Target Stores in 1981 and as partner and CEO with the Grand Union
Grand Union (stores)
Grand Union is a supermarket chain operated by C&S Wholesale Grocers of Brattleboro, Vermont. Originally based in Elmwood Park, New Jersey , the company operated mostly in the northeastern United States but at times its reach extended into the Midwest, Southeast, and the Caribbean...
grocery chain in February 1984. In 1995, he was hired by Kmart as its President and CEO.
In 1997, Hall formed a partnership with the state of New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
and Montclair State University
Montclair State University
Montclair State University is a public research university located in the Upper Montclair section of Montclair, the Great Notch area of Little Falls, and Clifton, New Jersey. As of October 2009, there were 18,171 total enrolled students: 14,139 undergraduate students and 4,032 graduate students...
. Hall created Floyd Hall Enterprises, which supervised construction of the 4,000-seat Yogi Berra Stadium
Yogi Berra Stadium
Yogi Berra Stadium is a baseball stadium in Little Falls, New Jersey, US, on the campus of Montclair State University, which is located in Montclair...
, home field for the New Jersey Jackals
New Jersey Jackals
The New Jersey Jackals are a professional baseball team based in Little Falls, New Jersey, in the United States. The Jackals are a member of the Canadian-American Association of Professional Baseball, which is not affiliated with Major League Baseball...
baseball team, and a two-rink ice arena, Floyd Hall Arena, both located on the campus of Montclair State University.
In 2006, Hall placed the new Sussex Skyhawks
Sussex Skyhawks
The Sussex Skyhawks were a professional baseball team that played at Skylands Park in Augusta, New Jersey. The team was part of the Canadian-American Association of Professional Baseball, an independent minor baseball league also referred to as the Can-Am League, from their inaugural season in 2006...
in the recently vacated Skylands Park
Skylands Park
CenturyLink Field at Skylands Park is a baseball stadium located in Augusta, New Jersey. Skylands Park opened in 1994 and was built for the New Jersey Cardinals, the New York-Penn League affiliate for the St. Louis Cardinals. The Cardinals called the park home until 2005, after which the team was...
in Augusta
Augusta, New Jersey
Augusta is an unincorporated area located within Frankford Township, Sussex County, New Jersey.Augusta is the home of the New Jersey State Fair and the Sussex County Farm and Horse Show....
, New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
.
Hall was nominated on February 10, 2006, by President George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....
to serve on the Amtrak
Amtrak
The National Railroad Passenger Corporation, doing business as Amtrak , is a government-owned corporation that was organized on May 1, 1971, to provide intercity passenger train service in the United States. "Amtrak" is a portmanteau of the words "America" and "track". It is headquartered at Union...
Reform Board for a five-year term of office. Hall was earlier appointed in a recess appointment
Recess appointment
A recess appointment is the appointment, by the President of the United States, of a senior federal official while the U.S. Senate is in recess. The U.S. Constitution requires that the most senior federal officers must be confirmed by the Senate before assuming office, but while the Senate is in...
to the same position on January 4, 2006.