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Bebe stores, inc. announced that Manny Mashouf has rejoined its management team as chief executive officer and that Walter Parks has rejoined as president, chief operating officer and interim-chief financial officer. Former CEO and board member Jim Wiggett and former CFO Liyuan Woo are no longer with the company. Bebe further announced that it has instituted a workforce reduction that will result in the elimination of a total of approximately 45 positions across the design, merchandising, production, information technology and support functions of the company. This represents approximately a 14.6 percent reduction in corporate headcount.
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