J.Jill shares slide 27% premarket as CEO resigns

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J.Jill shares slide 27% premarket as CEO resigns
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J. Jill shares lose more than a quarter of their value in premarket as CEO quits

J.Jill Inc. JILL, +3.61% shares are down sharply in premarket trading as investors digest a weak quarter from the retailer and changes in its executive suite.

The company said Linda Heasley stepped down from her roles as CEO and president at J.Jill and left the board, which has begun a search process for a new top leader.

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