American Apparel Replacing Dov Charney

The Board of Directors of American Apparel, Inc. (NYSE MKT: APP) today announced that it has appointed veteran fashion executive Paula Schneider as Chief Executive Officer, effective January 5, 2015. This appointment follows the termination of Dov Charney, former President and Chief Executive Officer, for cause in accordance with the terms of his employment agreement. Scott Brubaker, who has been serving as Interim CEO, will continue in the post until Ms. Schneider joins the company, after which he will remain as a consultant to ensure an orderly transition.

Read the full press release about American Apparel Replacing Dov Charney at http://www.businesswire.com/news/home/20141216006562/en/American-Apparel-Names-Paula-Schneider-CEO-Terminates

Learn more about American Apparel here on the Apparel Search fashion guide.

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