Pier 1 Imports replaces chairman because of his health problems

Tags: Pier 1 Imports, TCU Fort Worth Star-Telegram A Have more to add? News tip? Tell us Former Texas Christian University Chancellor Michael R. "Mick" Ferrari is undergoing cancer treatment and was replaced as chairman of Pier 1 Imports after the retailer's annual meeting Tuesday in Fort Worth. Ferrari, who led TCU from 1998 to 2003, did not attend the meeting because his doctors advised him not to travel, Pier 1 CEO Alexander Smith told shareholders. Ferrari participated by phone and remains a director, the company said. Ferrari, who did not attend last year's meeting either, did not discuss