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Stock impact report

The Children’s Place Consolidates Key Management Roles

Children's Place, Inc. (The) (PLCE) 
Last children's place, inc. (the) earnings: 3/17 07:32 am Check Earnings Report
Company Research Source: GlobeNewswire
Reaffirms Third Quarter EPS Guidance Reports Third Quarter Comparable Retail Sales Up High Single Digits SECAUCUS, N.J., Nov. 05, 2018 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced that it has consolidated key management roles.  Jane Elfers, President and CEO announced, “Over the past several years, we have made significant investments in support of our company-wide business transformation efforts.  As we approach the last phase of our major systems implementations, the opportunity exists for significant efficiencies across the organization, and today we are announcing a more streamlined senior leadership structure.  I will permanently reassume direct responsibility for product and Mike Scarpa will permanently reassume the CFO title, in addition to his current COO title.  Pamela Wallack and Anurup Pruthi have left the business to pursue other opportunities.  We thank the Show less Read more
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