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CEO Schneider exits American Apparel as company unravels

on Sep 23, 2016 | 0 comments

By Kyle O'Brien

Paula Schneider is the latest to jump ship from troubled garment maker American Apparel. The CEO is voluntarily resigning her position as of October 3, according to a story on Women’s Wear Daily. She will be replaced by Chelsea Grayson, formerly American Apparel’s general counsel and chief administrative officer, who saw the company move through bankruptcy and into privatization.

Schneider was with American Apparel for over two years, taking the CEO helm after founder Dov Charney was ousted by the board in December 2014 for alleged misconduct. Charney’s vision helped lead the American-made hipster clothing company to success, fueled by simple-yet-approachable Read full story ›

Source: The Drum