Ambassadors Group announced the resignation of Jeffrey D. Thomas as a member of the board of the company, and as the company's president and CEO, as well as the resignation of Margaret M. Thomas as the executive vice president of the company and the president and COO of the company's operating subsidiary Ambassador Programs. Anthony Dombrowik, senior vice president and CFO, has assumed the role of Interim CEO. The board will commence a search for a new CEO.
Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy …