Posts Comments Photos

George Zimmer Is No Longer Running The Show
By: Chris   |    June 28, 2013   |   0 Comments (0) (0)

Image via

I don't like the looks of this, I guarantee it. The Mens Wearhouse Board of Directors has decided to dump the legendary fashion icon who founded the company and nurtured it to its present highs following a dispute over the exchange of power between the former executive and his hand-picked protégé.


George Zimmer, the founder and former executive chairman of Men's Wearhouse, issued an ultimatum to his colleagues on the board of directors, according to a statement from the board released Tuesday morning.


"Mr. Zimmer presented the Board with the choice of either a) continuing to support our CEO and the management team on the successful path they had been taking, or b) effectively re-instating Mr. Zimmer as the sole decision maker," the board said in the statement.


They chose to dump Zimmer. (Read More)

You might like : George Zimmer and Other Famous Founders Ousted By Their Own Companies
Write a Story/Review about George Zimmer

Post a Comment


Share This

Related JustLuxe Articles:

: Connect. Converse. Influence.


Finding the best in luxury can be a daunting task, which is why we've taken it on for you.

Most Recent



BADGES The more active you are, the more rewards you earn!