• 2 executives leading J.Crew's turnaround have left the business, and analysts say it leaves the store in a worrying position

    22 days ago - By Chron

    Facebook/J.Crew
    J.Crew announced that CEO Jim Brett would be stepping down from the company after just 17 months in the role. Its chief marketing officer, Vanessa Holden, also recently announced her departure.
    These two executives were leading the charge in J.Crew's turnaround effort by lowering prices, adding plus-sizes, selling clothing on Amazon, and launching a new diversity-driven campaign.
    GlobalData Retail's Neil Saunders writes that there are now concerns that J.Crew's team of executives, who are acting as interim CEO, will reverse these changes and undo all the progress it has...
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  • GE brings longtime exec out of retirement to chair power business

    GE brings longtime exec out of retirement to chair power business

    22 days ago - By Biz Journals

    General Electric Co. has brought back a former executive, John Rice, to help lead its newly structured gas power business, less than a year after he left the company amid a series of other senior-executive departures.
    Before retiring at the end of 2017, Rice served as vice chairman at GE and oversaw the company's growth and operations outside of the U.S. Rice worked at GE for 39 years prior to retiring and previously led the company's energy and transportation divisions, among other...
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