The chief executive of Bed Bath & Beyond Inc. resigned days after an activist hedge fund sued the retailer over its alleged attempt to shut down a proxy battle seeking to reshape the board after years of poor performance.
The company, headquartered in Union, announced May 13 that Steven H. Temares had stepped down after serving for more than 15 years as CEO. Bed Bath & Beyond said Mary Winston, a “seasoned” public company executive who recently joined the company’s board of directors, had been appointed as interim CEO and would assume her new duties immediately.
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