– The housewares retailer announced the departure of CEO Mark Tritton, saying it was time for a leadership change. Independent director Sue Gove will serve as interim CEO while the search for a permanent replacement is conducted. Separately, the company reported a wider-than-expected quarterly loss. Bed Bath & Beyond plummeted 10.1% in premarket action. – The spice maker's stock slumped 7.
3% in premarket trading after the company reported lower-than-expected quarterly results and cut its full-year outlook. McCormick said it is seeing a negative impact from factors like higher costs, supply chain issues and unfavorable foreign currency trends. – Pinterest co-founder Ben Silbermann stepped down as CEO and will transition to the newly created post of executive chairman. He'll be replaced by Bill Ready, who had been president of commerce at Google.
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