BACK IN ACTION? The Children’s Place is close to naming a new chief executive officer and, according to sources, has Jane Elfers, former president and chief executive officer of Lord & Taylor, high on its list of candidates. “She’s smart. She’s a strong merchant with merchandise vision who can reposition a company,” said a source familiar with the search. Elfers would replace interim ceo Chuck Crovitz. The last permanent ceo was Ezra Dabah, founder of The Children’s Place who left in 2007 and this year lost a proxy battle over a new slate of board members and stepped down from the board. Recently, Norman Matthews, a consultant and former president of Federated Department Stores, became TCP’s chairman.
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