Federated Brandishing Lawsuit at Zale Over Hiring Dinicola as its Chairman, CEO
NEW YORK -- Angered over the loss of another top executive, Federated Department Stores is threatening to sue Zale Corp. for hiring Robert J. DiNicola as its chairman and chief executive, sources said Wednesday.
NEW YORK — Angered over the loss of another top executive, Federated Department Stores is threatening to sue Zale Corp. for hiring Robert J. DiNicola as its chairman and chief executive, sources said Wednesday.
DiNicola resigned last month as chairman and ceo of Federated’s Bon Marche division in Seattle and is scheduled to join Zale on Monday.
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Photographed by Kuba Dabrowski/WWD
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