Express CEO takes on chairman’s job

Columbus, Ohio -- Express said Thursday that its CEO, Michael Weiss, will also take over the role of board chairman, because of the current chairman's involvement in a rival company. Weiss succeeds Stefan Kaluzny in the chairman's job. Kaluzny joined Express' board when the private equity firm where he worked, Golden Gate Capital, bought Limited Brands in 2007. Kaluzny has since joined another private equity firm, Sycamore Partners, which recently brought a controlling stake in Mast Global Fashions, which is Limited Brands' apparel sourcing division.