American Eagle said after the market closed Wednesday that Chief Executive Robert Hanson has left his post after less than two years, a move that stunned Wall Street. The teen apparel retailer said Executive Chairman Jay L. Schottenstein, who was previously chief executive from March 1992 through December 2002, will temporarily fill in for Hanson. The company said it will start looking for a permanent replacement. Executive Creative Director Roger S. Markfield, who is also vice chairman, agreed to delay his planned retirement and continue in his current roles, according to American Eagle.
American Eagle Outfitters' CEO James O'Donnell will step down Saturday in a move that was expected. He will be replaced by former Levi's executive Robert Hanson. O'Donnell, 70, said early last year he planned to retire. Hanson was named as his successor in November after a lengthy search.
American Eagle Outfitters announced that its board of directors has named Robert Hanson as the company’s next CEO and a member of the board of directors, effective Jan. 30, 2012. Hanson succeeds retiring CEO Jim O’Donnell, who has led the company since 2002.
Levi's has named Walker MacWilliam as its new global head of men's design. MacWilliam will be responsible for the design and development of all Levi's men's product categories globally. MacWilliam joins Levi Strauss & Co. from Coach, where his responsibilities included the conceptualization, design and development for all categories of men's and women's including wearables, bags and accessories.
/PRNewswire/ -- The Levi's® brand today announced it has appointed Laurie Etheridge as the global lead of Women's Merchandising & Design. As Senior Vice President of Women's Merchandising & Design for the Levi's® brand, Ms. Etheridge will be responsible for the design, development and merchandising of all of Levi's® women's product categories across all its regions. Ms. Etheridge joins the company from Perry Ellis International where she leads merchandising and design for women's global fashion brands, including Jantzen, Jag, Perry Ellis and Southpoint. ( Photo: http://photos.prnewswire.com/prnh/20110315/NY65755 ) Sponsored by: "Laurie is a savvy global business leader with a signature