ShopNBC has promoted Matthew Lubkeman to vice president of watches and appointed Rod Ghormley as vice president of home, the company said Thursday.
Lubkeman joined ShopNBC in 2004. Previously, he held buying positions for men’s clothing and watches at Macy’s. He has more than 20 years of multichannel retailing experience.
Ghormley joins the company as ShopNBC’s vice president of home. Previously, Ghormley served as senior vice president and general merchandise manager for ShopKo’s home division, and he held executive merchandise positions at Amazon, QVC, and Foley’s Department Stores. Rod has over two decades of experience in multichannel retailing.
In accordance with the NASDAQ Marketplace Rule 4350, Ghormley is being granted inducement stock options as of his first day of employment with ShopNBC, covering the right to purchase 50,000 shares of the company’s common stock. The options will have an exercise price equal to the closing price of the company’s common stock on the date of the grant.