USA: J Crew Group CEO Leaves Company
The chief executive of apparel retailer J Crew Group Inc, Mark Sarvary, has left the company by mutual agreement and will no longer be a member of the board, it was announced on Wednesday. The New York-based company said in a statement it was "aggressively" searching for a replacement. Only two weeks ago, Scott Formby, the company's executive vice president, design, left the firm.