Thursday, December 15, 2016

Pier 1 Imports names chairman as interim CEO

Image result for pier 1Pier 1 Imports shares are trading more than 30 percent higher after the Fort Worth-based home furnishings retailer reported improved results after the market closed Wednesday.

Pier 1 also said Wednesday that it hasn't yet found a new CEO to succeed Alex Smith, who leaves at the end of this month. Terry London, the company's chairman, will fill in as interim president and chief executive officer effective Jan. 1. . . . more

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