Business Insider -
12 Jan 2015 23:59

Nasty Gal CEO Sophia Amoruso has suddenly handed over her title. Amoruso, 30, who started Nasty Gal as an eBay shop in 2006, told Re/code that she will stay on as executive chairman. Amoruso said that the growing company needs a leader with more experience in day-to-day operations. Nasty Gal President Sheree Waterson, formerly of Lululemon, will be the new CEO. Nasty Gal has had a tough year. The company reportedly laid off 10% of its staff over the summer after sales growth began stall...
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