Barington urges Pep Boys to search for new CEO now


BOSTON, Dec 22 (Reuters) - Hedge fund Barington Capital Group on Thursday stepped up pressure on auto parts retailer Pep Boys - Manny, Moe & Jack to replace its chief executive officer, urging the board to start searching for a successor immediately. Barington, which has made a name for itself by threatening proxy battles to force changes at a handful of companies, also asked to participate in selecting a new CEO. In a letter addressed to William Leonard, Pep Boys' Presiding ...

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