Women's apparel retailer Chico's FAS Inc. said on Friday that it had made changes within its marketing organization, and that the company's CMO, Michael Leedy, would leave his job on Feb. 2,
according to Reuters.
Chico's said in a filing that a recent move to shift marketing responsibilities to brand presidents resulted in a substantial reduction in the responsibilities
of Leedy, a former American Eagle Outfitters executive. Leedy will receive a year's base salary, as well as a bonus.
--Tanya Irwin