DavidsTea founder retires, replaced by wife who was former Le Chateau CEO [Toronto Globe and Mail (Ontario, Canada)]
DAVIDsTEA Inc. (DTEA)
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Source: Toronto Globe and Mail
DavidsTea founder retires, replaced by wife who was former Le Chateau CEO Montreal-based DavidsTea principal investor Herschel Segal is stepping down the company's board of directors and will be replaced as chairman by his wife Jane Silverstone Segal. Fred Lum/the Globe and Mail Montreal-based DavidsTea principal investor Herschel Segal is stepping down the company's board of directors and will be replaced as chairman by his wife Jane Silverstone Segal. DavidsTea Inc. is keeping the company’s leadership within the family as its co-founder retires from the company’s board of directors and is replaced by his wife, the former CEO of insolvent clothing retailer Le Chateau. The Montreal-based beverage company, which itself completed creditor proceedings, says principal investor Herschel Segal stepped down and was replaced as chairman by Jane Silverstone Segal. Also joining them on the board is their daughter Sarah, who is chief executive. DavidsTea says its net income surged in its lat
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