Ares and CPPIB-backed 99 Cents Only Stores appoints new CEO

Discount retailer 99 Cents Only Stores LLC, which is backed by Ares Management and Canada Pension Plan Investment Board, has named Jack Sinclair as its new CEO as Geoffrey Covert is retiring. Sinclair joined the company in 2015 as chief merchandising and marketing officer.

PeopleNorth AmericaUSBriefs