Guess Inc. president leaving for Restoration Hardware

Los Angeles Guess Inc. on Thursday announced the resignation of Carlos Alberini as president and COO of the company, effective June 1. Alberini has accepted the position of co-CEO of Restoration Hardware. He will continue to serve as a member of the board of directors of Guess Inc.

Paul Marciano, CEO and vice chairman stated, "During his tenure with us, Carlos has made significant contributions to the growth and success of our company. He is an integrated part of our family and that's why we asked Carlos to continue as a Guess board member. My brother Maurice and I want to express our sincere appreciation and best wishes to Carlos and his family as he embarks on this new venture. We completely support his new role in this great opportunity."

The chain said it has begun a search for two positions, a COO and a president of the Americas.