FTD Cos. (FTD) Posts Q3 Loss of 36c/Share

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FTD Cos. (FTD) CEO Apatoff Resigns

November 4, 2016 8:56 AM EDT

FTD Companies, Inc. (Nasdaq: FTD) announced that Christopher W. Shean, one of the Companys directors, has been appointed interim President and Chief Executive Officer, effective immediately. Mr. Shean succeeds Robert S. Apatoff, who has stepped down from these positions and from FTDs board of directors. Mr. Apatoff will continue in a transitional advisory role to the Company through December 31, 2016.

In conjunction with this leadership change, the Company has also created an Office of the Chief Executive Officer comprised of Becky A. Sheehan, Executive Vice President and Chief Financial Officer, Helen Quinn,... More