management transition

management transition

APPLE RETAIL GOD STUMBLES: JC Penney Is Tanking After Big Miss And More Restructuring Plans

www.businessinsider.com
Shares of JCPenney are collapsing to the tune of 15% after the company has announced that its missed estimates, is cutting its outlook, and will incur a restructuring charge. There have been super high hopes for JCPenney since it hired retail guru Ron Johnson from Apple. But it's taking a...
APPLE RETAIL GOD STUMBLES: JC Penney Is Tanking After Big Miss And More Restructuring Plans

Intel Announces CEO Paul Otellini Will Retire In May, Mobile Weakness Could Be A Factor

techcrunch.com
Intel today announced that CEO Paul Otellini will retire in May. In a press release, the company said that Otellini will take his leave at the company’s annual stockholder meeting in May, with the stated intent of easing the management transition during the next 6 months. Otellini has been CEO...
Intel Announces CEO Paul Otellini Will Retire In May, Mobile Weakness Could Be A Factor

JC Penney Blows Up Again

www.businessinsider.com
JC Penney's turnaround is still headed in exactly the wrong direction. The company just reported horrible Q2 results and announced that it will miss its targets for the balance of the year. JC Penney has been in the spotlight since former Apple Store boss Ron Johnson took over as CEO...
JC Penney Blows Up Again
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