BOSTON-Steven Silverstein, former president of Linens 'n Things, has been named president and chief executive officer of Spencer Gifts. Silverstein's appointment is concurrent with Gordon Brothers Group LLC and Palladin Capital Group Inc. acquiring the 700-unit specialty gift retailer from Vivendi Universal Entertainment LLLP.
Silverstein left Linens 'n Things in February after 11 years at the company. Prior to joining Linens, Silverstein was merchandising vice president at Bloomingdale's. Silverstein succeeds Steve Shaiken, who was serving as interim CEO and has left the company.
Mark Schwartz, president of Gordon Brothers Group and …