Content about Interim management

February 14, 2013

The Limited has established an interim “Office of the President” to manage the day-to-day operations of the business while it searches for a new CEO.

Columbus, Ohio -- The Limited has established an interim “Office of the President” to manage the day-to-day operations of the business while it searches for a new CEO. The retailer said that its chief executive, Linda Heasley, who joined in 2007, is stepping down to pursue other interests effective Feb. 15.
   
The interim office will be filled by three current executives, John Buell, EVP and CFO; Nicolas Frechette, SVP and general merchandise manager; and William Acevedo, SVP of stores; who will report to the board of directors.