By and  on July 13, 2007

NEW YORK — Peter Boneparth reached the end of a bumpy road at Jones Apparel Group on Thursday, abruptly resigning as president and chief executive officer.

He is succeeded by Wesley R. Card, the company's chief financial officer and chief operating officer. The appointment of a financial executive to the ceo slot heightens speculation that the Jones board is ultimately looking to sell the company, either whole or piecemeal.

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