US fashion group Tailored Brands – operator of the Men’s Wearhouse, Jos A Bank, and Joseph Abboud brands – has named Dinesh Lathi as its new president and CEO.
Lathi has served as chairman of Tailored Brands since March 2017, executive chairman since August 2018, and has been a member of the board of directors since March 2016.
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In addition, the company has also named Theo Killion its new chairman of the board of directors. Killion has served as lead independent director since August 2018 and joined the company’s board of directors in June 2017.
Both appointments are effective immediately.
“Dinesh has demonstrated a deep commitment to building and leading a customer-obsessed company that empowers our talented employees with technology, data, and the creative resources needed to exceed customer expectations and position Tailored Brands for long-term sustainable growth,” Killion says.
“Our goal is to be the trusted partner to our customers who want to look and feel their best for moments that matter,” adds Lathi. “To deliver on this promise, we are aligned around three core growth strategies: personalised products and services, seamless and inspiring experiences in and across every channel, and brands that stand for more than just price. I look forward to sharing an update on our progress during our first quarter results conference call in June.”
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By GlobalDataThe appointments come after Tailored Brands announced last year its long-serving CEO, Doug Ewert, and president and chief operating officer, Bruce Thorn, were to leave the company.
