American Apparel Board Suspends Dov Charney as CEO
Declares intent to terminate him for cause, names John Luttrell as interim CEO
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
American%20Apparel<%2Fa>%20yesterday%20voted%20to%20replace%20Dov%20Charney%20as%20chairman%20and%20notified%20him%20of%20its%20intent%20to%20terminate%20his%20employment%20as%20president%20and%20CEO%20for%20cause.%20It%20is%20expected%20that%20the%20termination%20will%20be%20effective%20following%20a%2030-day%20cure%20period%20required%20under%20the%20terms%20of%20Charney's%20employment%20agreement.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.printandpromomarketing.com%2Farticle%2Famerican-apparel-board-suspends-dov-charney-ceo%2F" target="_blank" class="email" data-post-id="3676" type="icon_link">
Email
Email
1 Comment
Comments
Also effective immediately, the Board appointed Allan Mayer and David Danziger as co-chairmen to replace Charney as chairman of the board. In accordance with the terms of his employment agreement, the board intends to request Charney's resignation as a member of the Board concurrently with the effective time of his termination.
1 Comment
View Comments
- Companies:
- American Apparel
Related Content
Comments