Hecht's CEO &
President Frank Guzzetta Speaks at
Smith School
On
Wednesday, February 18, 2004, the
American Marketing Association presented
an extraordinary opportunity to learn
about the challenges facing the retail
industry firsthand from Frank Guzzetta,
CEO and president of Hecht's.
Around 100 Smith School students
gathered for the evening presentation in
the Howard Frank Auditorium in Van
Munching Hall. After his interactive
presentation about Hecht's marketing
strategies, Guzzetta turned his focus to
Hecht's merchandise and asked the
audience for feedback on trends and
buying habits. At the reception that
followed, undergraduates were able to
talk to a Hecht's recruiter about
internships.
Under Guzzetta's leadership, Hecht's
has become a $2 billion plus company
with 80 stores in the Mid-Atlantic
region. Guzzetta assumed the position of
president and CEO of Hecht's on August
1, 2000. Hecht's is one of the largest
divisions of May Company Department
Stores with an annual sales volume of
$2.6 billion and 80 stores in
Washington, D.C., Baltimore, North
Carolina, and Nashville, trading under
the name Strawbridge's in Philadelphia.
Guzzetta
began his career at Hecht's in 1988 as
the divisional vice president for men's
sportswear. In 1998 he was appointed
executive vice president for
merchandising. Prior to joining Hecht's,
he worked at Washington, D.C., based
retailer, Woodward & Lothrop, for 11
years.
Guzzetta received a B.S. in marketing
from the University of Massachusetts and
a masters of business administration
from the University of Michigan. After
completing his education, he joined the
Peace Corps for eight years, three of
which he spent in India as a volunteer.
He resides in the Capitol Hill area
of Washington, D.C., and serves on two
boards: D.C. Chamber of Commerce and
Signature Theatre in Arlington,
Virginia. He has been a member of the
American Marketing Association since
1967.