Nordstrom CEO, President Aim to Take Company Private

Nordstrom’s CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private.As a result, the board has formed a special committee of independent and disinterested directors that will evaluate any proposals from those executives and from other parties, the company said in a Thursday (April 18) press release.The CEO and president expressed their interest while the board was in the process of exploring possible avenues to enhance shareholder ...