FREMONT, Calif., March 28, 2017 /PRNewswire/ -- Tailored Brands,
Inc. (NYSE: TLRD) today announced that Dinesh Lathi has been named
non-executive chairman of the board, effective immediately.
He succeeds William Sechrest, who
will remain on the Company's board of directors and serve on his
current committees.
Mr. Lathi joined Tailored Brands' board in March 2016 and is currently a member of the audit
and compensation committees.
"The board and I are delighted to appoint Dinesh as chairman. He
has brought enthusiasm and a fresh perspective to our board in
addition to his extensive expertise in e-commerce," said Mr.
Sechrest.
"I am honored to succeed Bill as chairman," said Mr.
Lathi. "He led us through very significant changes at our
Company. I am looking forward to working with our talented
board and management team as we continue to strengthen our
leadership position in men's specialty retail."
Mr. Lathi has an extensive background in finance and the
consumer digital space. He is the former Chief Executive
Officer of One Kings Lane, a premium online
home décor and lifestyle destination. Prior to One
Kings Lane, Mr. Lathi spent seven years in various executive roles
at eBay Inc. Earlier in his career, Mr. Lathi worked in
investment banking and private equity.
Tailored Brands, Inc. is a leading authority on helping men
dress for work, special occasions and everyday life. We serve
our customers through an expansive omni-channel network that
includes over 1,600 locations in the U.S. and Canada as well as our branded e-commerce
websites. Our brands include Men's Wearhouse, Jos. A. Bank,
Joseph Abboud, Moores Clothing for
Men and K&G. We also operate an international corporate
apparel and workwear group consisting of Dimensions, Alexandra and
Yaffy in the United Kingdom and
Twin Hill in the United States.
For additional information on Tailored Brands, please visit the
Company's websites at www.tailoredbrands.com,
www.menswearhouse.com, www.josbank.com, www.josephabboud.com,
www.mooresclothing.com, www.kgstores.com, www.mwcleaners.com,
www.dimensions.co.uk, www.alexandra.co.uk and www.twinhill.com.
Contact:
Investor Relations
(281) 776-7575
ir@tailoredbrands.com
Julie MacMedan, VP, Investor
Relations
Tailored Brands, Inc.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/tailored-brands-appoints-dinesh-lathi-to-succeed-william-sechrest-as-chairman-of-the-board-300430546.html
SOURCE Tailored Brands, Inc.