(Reuters) - The company, which owns Jones New York, Nine West and Barneys New York, said last week that Chief Executive Peter Boneparth's contract would expire on March 31, 2009 and it would not be renewed and that CFO Efthimios Sotos resigned to pursue other opportunities.
These announcements and other recent management changes bring a measure of uncertainty about the company's direction, according to some analysts including Morgan Stanley's Brian McGough and Merrill Lynch's Virginia Genereux, who downgraded the shares following Sotos' resignation.
Read more at Reuters.com Mergers News
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