In apparent culture shift, American Apparel hires a woman as new CEO
The company officially fired its former CEO, Dov Charney, who was under investigation for ‘alleged misconduct and violations of company policy.’
After effectively firing him in June, American Apparel announced Wednesday that it has officially given former CEO Dov Charney the boot.
Charney was fired “for cause in accordance with the terms of his employment agreement,” a press release from the company states. The company conducted an investigation of harassment claims against Charney and “the special committee determined that it would not be appropriate for Mr. Charney to be reinstated as CEO or an officer or employee of the Company.”
In his place, the company has hired Paula Schneider, who has served as an executive at a number of other retail and apparel companies, as the new CEO effective Jan. 5.
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