Edition:
India

Bed Bath & Beyond Names Mary Winston Interim CEO, CEO Steven Temares Resigned


Monday, 13 May 2019 

May 13 (Reuters) - Bed Bath & Beyond Inc ::. ANNOUNCES CEO TRANSITION.SAYS MARY WINSTON APPOINTED INTERIM CEO.SAYS CEO STEVEN TEMARES RESIGNED.RECENTLY APPOINTED BOARD MEMBER ANDREA WEISS TO CHAIR BUSINESS TRANSFORMATION AND STRATEGY REVIEW COMMITTEE.BED BATH & BEYOND - TEMARES RESIGNED AS MEMBER OF BED BATH & BEYOND BOARD.WINSTON'S APPOINTMENT IS EFFECTIVE IMMEDIATELY.BED BATH & BEYOND - BOARD HAS FORMED A CEO SEARCH COMMITTEE TO IDENTIFY PERMANENT CEO, WILL RETAIN EXECUTIVE SEARCH FIRM TO ASSIST IN SEARCH PROCESS.SEARCH PROCESS WILL FOCUS ON INDIVIDUALS WHO HAVE EXPERIENCE IN RETAIL SECTOR..BED BATH & BEYOND - UPON COMPLETION OF LEADERSHIP TRANSITION , BED BATH & BEYOND'S BOARD WILL CONSIST OF NINE MEMBERS, EIGHT OF WHOM ARE INDEPENDENT..