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  "documentTitle": "Macellum The Childrens Place Presentation April 2015",
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  "presentationDate": "2015-04-01 00:00:00",
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  "notes": "Uses a quote from a 2012 investor call to contrast with current high turnover rates.",
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      "text": "We question Ms. Elfers's managerial expertise and whether she is capable of identifying and retaining the appropriate talent to improve the Company's performance.",
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      "text": "Furthermore, the Chief Marketing Officer and Chief Information Officer, both hired during Ms. Elfers's tenure, have also left and have not been replaced.",
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      "text": "We believe that constant executive turnover has also been a contributor to the Company's disappointing financial and share price performance.",
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      "text": "Shortly after Ms. Elfers was appointed to the CEO position in 2010, she made a number of management changes.",
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      "text": "Since 2010, the Company is on its: Fourth CFO, Third Head of Design, Second Head of Planning and Allocation, Third Head of Sourcing, Second Head of Merchandising, Second COO.",
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      "text": "On the March 7, 2012 investor conference call Ms. Elfers reported that since she joined the Company, \"...we have replaced and upgraded over half of our headquarter staff...\" Four out of five of these key positions are no longer held by the same executives.",
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