Now this is interesting: "Pam Romano, president of the Zale division from 1997 to early 2005, said Monday that she also has discussed a return to Zale with [former CEO Robert] DiNicola. She said several former Zale employees are ready to rejoin the jeweler under an Apollo-led turnaround proposal."
No wonder I was so confused. When Sunday's paper stated, "Leadership, return to diamond basics could save Zale," what they really meant was "Past leadership, return to ex CEOs could save Zale." Got it.
Let's hope that this cash infusion leads to good things, like actual holiday ad campaigns.