Daryl Brewster has left the building for “personal reasons.” And it's about time, with the results KK has been having. The only reason KK's loss narrowed by 20% recently was a halving of general and administrative costs while sales, free cash flow and cash continued to crumble.
Chairman James Morgan now slides into the President and CEO spots, and according to the company: “This is not an interim appointment, and it is anticipated that he will serve as President and Chief Executive Officer for the foreseeable future.” Until the company goes into bankruptcy, anyway.
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