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Conn’s president and CEO steps down
Beaumont, Texas -- Electronics and appliances retailer Conns announced Monday that its president and CEO Timothy L. Frank has resigned the company.
Conns named Theodore M. Wright as the interim CEO and president, and has launched a search for a permanent replacement.
Frank has led the company as president and CEO since June 2009; he has been president since April 2006, and previously served as COO and senior VP retail.
Frank left to pursue other opportunities, the company said.
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Kenneth Cole CEO out
New York City -- Jill Granoff, chief executive of Kenneth Cole Productions, announced her resignation on Monday, effective immediately. She had company for three years.
In a statement, the company described the decision to find a new CEO as "mutual."
Kenneth Cole, who founded the firm in 1982, will take on Granoff’s duties temporarily as the search for a new CEO begins.