Ousted Men’s Warehouse exec chairman quits board

Comments:  | Leave A Comment

Mens_Wearhouse-Zimmer_Broa2.jpg

In this May 6, 1999 file photo, George Zimmer, second from left, gestures to Andy Dolich prior to a meeting, in Oakland, Calif. (AP Photo/Ben Margot, File)

 

NEW YORK (AP)—Ousted Men’s Wearhouse founder George Zimmer has quit the company’s board.

Zimmer was fired as the company’s executive chairman last week. On Monday he submitted a letter resigning from the board.

Zimmer says in the letter that it’s clear from his firing that the board is determined to avoid addressing his growing concerns with recent board decisions and the company’s direction.

Zimmer, 64, built Men’s Wearhouse Inc. from one small Texas store using a cigar box as a cash register to one of North America’s largest men’s clothing sellers with 1,143 locations.

He also became one of TV’s most recognizable pitchmen, with the slogan “You’re going to like the way you look. I guarantee it.”

Men’s Wearhouse fell 62 cents to $35.20 in afternoon trading.

 

Your comments are welcome.
Follow @NewPghCourier on Twitter  https://twitter.com/NewPghCourier
Like us at https://www.facebook.com/pages/New-Pittsburgh-Courier/143866755628836?ref=hl
Download our mobile app at http://www.appshopper.com/news/new-pittsburgh-courier

Comments

blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 9,378 other followers