Brookstone Announces Succession Plan
Brookstone this week announced a succession plan for its leadership, under which President and CEO Louis Mancini will step down early next month. Philip W. Roizin, a 13-year veteran of the company, will become interim president and CEO and join the board of directors.
Meanwhile, Jackson Tai will become chairman of the board, replacing Ron Sim; Sim will remain on the board.
The company also said it will begin a search for a new permanent CEO, in which Roizin will be considered.