Tuesday, May 9, 2017

Bon-Ton CEO Bufano to step down

Image result for BON TON STOREStruggling department store operator Bon-Ton Stores Inc. said Monday that Chief Executive Officer Kathryn Bufano, brought in less than three years ago to lead the company, would step down in August and be succeeded by Bon-Ton's chief operating officer.

William Tracy will become president and CEO of Bon-Ton, which is the parent company of Boston Store, Younkers and other department stores, when Bufano's contract expires Aug. 25.

Tracy will become Bon-Ton's fourth CEO since 2012.. . . more

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