People say the new CEO Executive Committee and Board are corrupt and only care about their million dollar salaries and their stock. Board members change often. Chico’s Board takes poison pill? Google it.
3 CEO’s in the last 5 years, wasteful expenditures and private jet travel while sacrificing the associates jobs and well being.
Class action lawsuit regarding pricing and scamming customers.
CEO and Board continues to take millions of dollars in salary during covid, while furloughing many employees with no pay; breaking the backs of so many and deeply hurting the local community.
Vendor relationships? What’s that? Who sticks a vendor with perfectly great product and does not pay them during a pandemic when you publicly announce your strong cash positions.
Leveraged government aid? but did not protect associates in a transparent and fair manner.
Bullying mean-girl culture and sadly they have shown us all who they really are during this very difficult time and people will not forget how they were treated.
Informed laid-off associate their positions and department was“eliminated” however moved their favorites into other depts.
HR leadership seemingly protects their friends and family members positions. Oh yes family members!
Swarming Private equity firms are about and it will be just a matter of time...this group does not have the ability to be truly strategic and visionary since they are so focused on their own personal gains and backstabbing.