Vera Bradley CEO Robert Wallstrom to retire

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Vera Bradley Inc. VRA, +0.44% said late Thursday that President and Chief Executive Officer Robert Wallstrom plans to retire, remaining in his roles until a successor is named. That is expected by early 2023, the retailer said. Wallstrom, who became the company’s top executive in 2013, will work with the board of directors in a national search for a successor, Vera Bradley said. Shares of Vera Bradley were flat in the extended session Thursday after ending the regular trading day up 0.4%.

This article was originally published by Marketwatch.com. Read the original article here.

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