By  on May 1, 2014

Abercrombie & Fitch Co. chief executive officer Mike Jeffries is going to be dealing with a boardroom full of new faces — and one contemplating how the company will ultimately transition to a new leader.

The retailer said Wednesday that it would nominate four new independent directors at its annual meeting as part of a settlement agreement with activist investor Engaged Capital, which has been pushing the company for change.

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