Amid Falling Sales And Activist Pressure, Whole Foods Shakes Up Board |
| May 11, 2017 | May 2017 Bond Updates |
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One month to the day that activist firm Jana Partners revealed it had taken a 9% stake in Whole Foods, the beleaguered organic grocer is fighting back: the company announced on Thursday that it is shaking up its board of directors, gaining a new CFO and slashing $300 million in costs by 2020 |
| View more at: http://www.forbes.com/sites/maggiemcgrath/2017/05/10/amid-falling-sales-and-activist-pressure-whole-foods-shakes-up-board/ |
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