Do insider or outsider CEOs perform better? Estée Lauder and Ross Stores' new leaders illuminate the divide [Yahoo! Finance]
Ross Stores, Inc. (ROST)
Last ross stores, inc. earnings: 3/3 04:01 pm
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Source: Yahoo! Finance
that the slumping beauty giant would have been better off choosing an outsider to really shake things up and bring in new perspectives more than a lifer could. In contrast, Ross Stores , whose business is healthier than Estée Lauder's though softer than that of its direct rivals, chose an outsider in Jim Conroy, CEO of Boot Barn, despite him coming from a different kind of retailer and Ross's strong talent development machine. The two appointments underscore how often the insider vs. outsider debate at a company is shaped by what can be contradictory pressures. Your company might need a bit of a shock to the system that new blood can bring, but it might also need someone who knows where the bodies are buried so that he or she can spring more quickly into action. In de La Faverie, who takes the Estée Lauder reins on January 1, the company has a new CEO who knows the company intimately and has even helped craft its existing turnaround plan. What's more, his purview represents abou
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ROST
News
- Gap earnings move, AMSC CEO: Market Domination Overtime [Yahoo! Finance]Yahoo! Finance
- Ross Stores, Intuit shares post big moves on earnings [Yahoo! Finance]Yahoo! Finance
- Ross Stores lifts annual profit forecast on lower costs, shares rise [Yahoo! Finance Canada]Yahoo! Finance Canada
- Ross Stores lifts annual profit forecast on lower costs, shares rise [Yahoo! Finance]Yahoo! Finance
- Ross Stores (NASDAQ:ROST) Reports Sales Below Analyst Estimates In Q3 Earnings, But Stock Soars 5.2% [Yahoo! Finance]Yahoo! Finance
ROST
Earnings
- 11/21/24 - Beat
ROST
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form SC
- 10/28/24 - Form 8-K
- ROST's page on the SEC website