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    American Leisure Apparel Brand American Apparel Board Reorganization

    2014/7/25 12:01:00 38

    American Casual WearBrandAmerican ApparelBoard Of Directors

    "P >" since the recent acquisition of the largest "a href=" http://sjfzxm.com/news/index_p.asp "shareholder" /a ", the New York hedge fund Standard General LP loans and the full take over, American Apparel Inc. (Apparel) was reorganized after a few days ago. < /p >
    < p > according to the credit terms previously reached with Standard General LP, Standard General LP has the right to nominate 4 external candidates and 1 Standard General LP members for the 7 person board of directors. The new 6 person board left only American Apparel Inc. former co chair Allan Mayer and David Danziger two people, and the remaining 5 people, including founder Dov Charney, were all thrown out of the board. < /p >
    < p > > a href= "http://sjfzxm.com/news/index_p.asp" > four < /a > the new directors include Standard General LP partner David Glazek, consumer electronics professional retailer, RadioShack RadioShack, chief executive officer, chief executive officer, the first chief executive officer of the board, the first female director of the group board, and the board member of the company.
    < p > although David Glazek said that the new board will bring financial and retail professionals to American Apparel Inc, the board has been completely controlled by Standard General LP: Standard General has about 9.8% of the company's shares and owns about 30% of the shares. < /p >
    < p > as for the future of Dov Charney, the decision will be made in mid August according to the results of the special investigation committee set up by the company. < /p >
    < p > < < a href= > http://sjfzxm.com/news/index_p.asp > > News > /a > stimulation, American Apparel Inc. share price rose 5.50% after reporting 1.15 dollars. < /p >
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