Calvin Klein Gets a New CEO-------
After seventeen years as CEO of Calvin Klein, Tom Murry is stepping down and preparing to retire at the end of the fiscal year. On July 1, Steve Shiffman, the current president and chief commercial officer, will take over as head of the company. Murry doubled sales from 2003 to 2013, according to the Wall Street Journal report, so Shiffman, who’s been with the company for twenty years, has big shoes to fill.
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