Tiffany has added three new independent directors to its board as it bows to pressure from activist investor Jana Partners. The jeweler on Tuesday said that Roger Farah, James Lillie and Francesco Trapani would be joining the board no later than March 6, increasing the board’s size to 13 from 10 members.
Category: Ralph Lauren
Fumbling Retail CEOs Should Now Be Very Scared
Amid poor holiday seasons, lagging stock prices and angst about the long-term impact of the shift toward digital shopping, it appears retail CEOs are now on a very short leash. said Sunday that CEO Frederic Cumenal will step down effective immediately after less than two years on the job.
Ralph Lauren Turnaround Hits Snag as CEO Departs After Clash with Founder
There’s more tumult in the troubled retail sector on Thursday, as Ralph Lauren announced a C-suite shakeup stemming from a clash with the company’s founder. The high-end American apparel brand announced CEO Stefan Larsson will leave the company on May 1, and an executive search for a new leader is underway.
Ralph Lauren Turnaround Hits Snag as CEO Departs After Clash with Founder
There’s more tumult in the troubled retail sector on Thursday, as Ralph Lauren announced a C-suite shakeup stemming from a clash with the company’s founder. The high-end American apparel brand announced CEO Stefan Larsson will leave the company on May 1, and an executive search for a new leader is underway.
Ralph Lauren CEO Leaving After Creative Clash With Founder
Ralph Lauren Corp. abruptly announced that Chief Executive Officer Stefan Larsson will be leaving after a creative clash with the fashion brand’s founder, sending shares of the struggling company into a tailspin. Larsson, who previously ran Gap Inc.’s Old Navy, will be departing Ralph Lauren on May 1 after less than two years on the job, the company said on Thursday.