According to the news source, Mr Rose may be replaced by John Dixon, director of food for the company. The paper reported that the retailer had been facing the heat from some investors ever since Mr Rose was allowed to assume both the chairman and CEO positions.
While David Michels, deputy chairman and senior independent director, has evinced interest that he would like to assume the position of chairman, Mr Rose is not supportive of the move, the newspaper said.
http://www.datamonitor.com
Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index