1. Land's End Ousts CEO Who 'Only Spent one Week a Month in the Office'

    Land's End Ousts CEO Who 'Only Spent one Week a Month in the Office'

    Land's End has ousted its CEO just 19 months after she took the job.

    Federica Marchionni is leaving her position as CEO "effective immediately," according to a news release from the company. The release didn't give a reason for her departure.

    According to the Wall Street Journal, Marchionni was forced out due to contentions over the limited time she spent in the office and the new direction that she was taking Land's End...

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    1. I am honored to have led this extraordinary company and proud to have succeeded in providing a vision to expand its positioning in the industry with a multi-dimensional strategy. However, the board of directors and I have agreed it is time for others to bring Lands' End into the future.
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