New York Post- Women’s clothier Charming Shoppes booted CEO Dorrit J. Bern less than two weeks after a pair of dissident hedge funds officially secured seats on the board.
Board-level talks to oust Bern, who’s eligible to earn up to $10.5 million in severance, kicked off June 26, hours after representatives from hedge funds Crescendo Partners and Myca Partners were officially sworn in as directors, The Post has learned.
