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CEO of Urban Outfitters resigns

Philadelphia -- Urban Outfitters announced Tuesday that Glen T. Senk has resigned as CEO, effective Jan. 9. The company named chairman and co-founder Richard Hayne as his replacement.

Senk, 55, joined the company in 1994 as president of Anthropologie. He became a director in 2004 and CEO in 2007. Senk indicated that he plans to pursue another opportunity, but that he will remain with the company for a period of time to assist management with the transition. He has also resigned from the board of directors.

"Glen joined the company nearly 18 years ago when the Anthropologie business was a single-store prototype. We are forever grateful for his passion, creativity and leadership in building the Anthropologie brand to what it is today. We are also thankful for his countless contributions having served as the URBN CEO since 2007," said Hayne. "We wish Glen all the best in his future endeavors."

Urban Outfitter s operates the Anthropologie, Free People, BHLDN, Terrain and Urban Outfitters brands.

It is good that he is staying

It is good that he is staying with the company to help with the transition before he leaves. I hope that he finds success in his future endeavors and I am sure he will be missed at Urban Outfitters.

 

CEO of Urban Outfitters announcing his resignation is not surprising and only part of the basics as many people are finding that they want to move on after that many years.

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