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Francesca’s CEO to assume additional title of president; COO leaves
Houston -- Francesca's Holdings Corp. announced that in connection with a management restructuring, Theresa Backes, president and COO of Francesca's, will be leaving the company effective Jan. 27.
The board of directors appointed Neill P. Davis, Francesca's CEO, to the additional title of president. The retailer said it will not replace the COO position, and will realign the responsibilities among Davis and other existing executive officers.
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The Pantry recommends against board nominees
Cary, N.C. – The Pantry has confirmed that JCP Investment Management, LLC, and Lone Star Value Management, LLC (“the dissident group”) submitted a notice of intent to nominate director candidates to stand for election to The Pantry’s board of directors at the company's 2014 annual meeting of stockholders.
