Big Lots searching for new CEO after David Campisi announces retirement

Discussion in 'Market News' started by sniper-academy, Apr 17, 2018.

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  1. sniper-academy

    sniper-academy Administrator Staff Member

    Sep 30, 2011
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    Big Lots Inc. said Tuesday that Chief Executive David Campisi has announced his retirement. Campisi has been on medical leave since December 2017 and announced his retirement in order to focus on his health, the company said. Chief Merchandising and Operating Officer Lisa Bachmann and Timothy Johnston, chief financial officer, will continue to work with Big Lots' executive leadership team during the search for a CEO successor. Big Lots shares are down nearly 24% for the year to date while the S&P 500 index is up 0.2% for the period.

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