AP/ June 20, 2012, 11:55 AM

The Children's Place executive leaves

SECAUCUS, N.J. — The Children's Place Retail Stores Inc. announced Wednesday that Chief Operating Officer Eric Bauer has left the company. The children's clothing retailer did not disclose any further details surrounding his departure.

Children's Place President and CEO Jane Elfers will resume oversight of the company's supply chain, store operations, finance, information technology and real estate functions.

Bauer joined Children's Place from Gap Inc. just over a year ago, in May 2011.

The company, based in Secaucus, N.J., operates more than 1,000 stores across the country.

Its shares fell 93 cents, roughly 2 percent, to $4.81 in midmorning trading.

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