Guess?, Inc. Announces Chairman of the Board Transition
August 14 2020 - 04:30PM
Business Wire
Today, Guess?, Inc. (NYSE: GES) announced that Maurice Marciano,
co-founder and non-executive Chairman of the Board of Guess, was
recently injured in a bicycle accident near his home in Napa
Valley.
Paul Marciano, Chief Creative Officer and Director for Guess,
commented, “After careful medical review, my brother Maurice will
be in rehabilitation and therapy for an extended period of time
and, therefore, will no longer continue to serve as non-executive
Chairman of the Board.”
Effective August 14, 2020, the Guess Board has appointed Alex
Yemenidjian, an independent Board Member for over 15 years and the
current Lead Independent Director, to replace Maurice Marciano as
non-executive Chairman of the Board. Maurice Marciano will continue
in his role as a member of the Guess Board.
Paul Marciano added, “All Board members, our friends and family,
and all members of the Guess Family, wish Maurice a prompt and
healthy recovery from this very unfortunate accident. In the
meantime, we know that Alex will continue his exemplary service to
Guess in his new role as non-executive Chairman of the Board.”
About Guess?
Guess?, Inc. designs, markets, distributes and licenses a
lifestyle collection of contemporary apparel, denim, handbags,
watches, eyewear, footwear and other related consumer products.
Guess? products are distributed through branded Guess? stores as
well as better department and specialty stores around the world. As
of May 2, 2020, the Company directly operated 1,141 retail stores
in the Americas, Europe and Asia. The Company’s partners and
distributors operated 540 additional retail stores worldwide. As of
May 2, 2020, the Company and its partners and distributors operated
in approximately 100 countries worldwide. For more information
about the Company, please visit www.guess.com.
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Guess?, Inc. Fabrice Benarouche VP, Finance and Investor
Relations (213) 765-5578
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