John Menzer

The nation’s leading arts and crafts retailer is looking for a new top executive after John Menzer resigned to focus on recovery from a struck. After Menzer suffered a struck in April, Michaels created an office of the CEO comprised of Lew Klessel, interim COO and a managing director of Bain Capital, and Chuck Sonsteby, Michael’s chief administrative officer and CFO. The pair will continue to lead the company until Menzer’s successor is hired. “Our thoughts and prayers continue to be with John and his family during his ongoing recovery, said Matt Levin, managing director with Bain Capital Partners,

IRVING, Texas — Michaels announced that it has removed the PIN pad tampering threat from its U.S. stores and believes it has identified the time frame that customer information was exposed. Based on the latest information available, exposed PIN pad transactions occurred from Feb. 8 through May 6, the date Michaels disabled the tampered devices. "We are confident Michaels is a safe place to shop," said Michaels CEO John Menzer. "We want to express how deeply we regret any issues experienced by our loyal customers who have been affected in any way, and thank all our customers for their