News Summary: Wet Seal ousts CEO McGalla

Published



CEO CHANGE: Teen retailer Wet Seal Inc. announced Monday that it fired CEO Susan McGalla without a replacement for her as it struggles with declining sales. In an interview, Chief Financial Officer Steven Benrubi said that MCGalla’s termination was “strictly due to the financial performance of the company.”

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.