Lands’ End Stock Declines on CEO Transition Announcement

By EC Assets · Published

Lands' End Inc. shares fell after the company announced a change in its leadership. The retailer named Charlie Cole as its new Chief Executive Officer. This appointment is effective July 13. Lands' End Inc. (NASDAQ: LE) shares dropped 2.4% in premarket trading on Tuesday. Cole will succeed Andrew McLean, who will step down as CEO. McLean will transition to an advisory role to support the handover process. The company is based in Dodgeville, Wisconsin. The Board of Directors appointed Charlie Cole. He is a consumer brand and digital transformation executive. This article is intended for informational purposes only. It does not constitute investment advice.

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