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New York & Co. names CEO
New York City -- New York & Co. said Tuesday it has promoted current president Gregory Scott to the role of CEO, effective Feb. 12.
Richard P. Crystal, current chairman and CEO, had previously announced his impending retirement, effective Feb. 11.
Grace Nichols, who has served as a director since March 2008, will assume the role of non-executive chair of the board effective Feb. 12. Scott will remain a director on the company’s board.
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Men’s Wearhouse COO to replace founder as CEO
Houston -- Men's Wearhouse said its president and COO, Douglas Ewert, will replace company founder George Zimmer as CEO in mid-2011.
Zimmer, 62, who founded Men's Wearhouse in 1973, will remain executive chairman of the board. The company said he would help Ewert with "strategic direction" for Men's Wearhouse and keep a hand in marketing decisions.