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Minneapolis Star-Tribune: Evine Live's turnaround CEO is out as profits continue to fall

February 9, 2016

Mark Argento, an analyst with Lake Street Capital Markets, credited Bozek with laying a lot of the groundwork to improve the company. "The strategy was sound," he said. "But retail turnarounds always take longer than anticipated. That was the case here."

Perhaps Bozek tried to do too much too quickly, he added. But the bigger issue was that the strategy couldn't help but hurt Evine's margins in the short term, which is a hard pill for Wall Street to swallow.

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