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Troubled Toms Shoes Switches CEOs After Debt Deal

In the midst of restructuring, Magnus Wedhammar, who most recently was a senior executive at footwear brand Sanuk, has joined Toms Shoes as CEO, replacing Jim Alling. Magnus brings more than 25 years of experience in the footwear, apparel, and accessories industry in the U.S. and European markets. A spokeswoman said his leadership “will help…

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