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Land’s End hires American Eagle exec to be CEO

land’s-end-hires-american-eagle-exec-to-be-ceo

Lands’ End Inc. LE, +6.29% on Monday named Andrew McLean as CEO-designate to succeed Jerome Griffith, who will retire as CEO on Jan. 27 and become executive vice chair of the company’s board. McLean, who is president, international of American Eagle Outfitters Inc. AEO, +5.57%, will join Lands’ End on Nov. 1. Griffith will remain on the Lands’ End board of directors and is expected to be nominated for re-election at the company’s 2023 annual meeting. Shares of Lands’ End are down 46.5% in 2022, compared to a 14.7% drop by the S&P 500 SPX, +0.93%.

Source: Marketwatch

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