Boston Globe |
JC Penney board erupts into fight over next CEO
CNBC.com The board of J.C. Penney erupted into a fight over the retailer's future on Thursday, as hedge fund manager Bill Ackman demanded a faster search for a new CEO and the board countered that he was being "disruptive and counterproductive." In April, Penney … Billionaire Bill Ackman Takes On The World Charges Fly in Bitter Feud Over Strategy at Penney's JC Penney Noise Gets Louder |