Home / Knowledge / News / Apparel/Garments / Express CEO Michael Weiss to step down in Jan 2015
Express CEO Michael Weiss to step down in Jan 2015
22
Jul '14
Express, Inc. a specialty retail apparel chain operating approximately 630 stores, announced that Chairman and Chief Executive Officer, Michael Weiss, will retire as Chief Executive Officer on January 30, 2015. 

David Kornberg will assume that role in addition to his current responsibility as the Company's President.  Mr. Weiss will remain on the Board, serving as non-executive Chairman of the Company's Board of Directors, and Mr. Kornberg will join the Company's Board of Directors upon assuming the role of Chief Executive Officer.

Mr. Weiss' career with Express began more than 30 years ago when, in 1980, he joined what was then an eight-store experimental division of Limited Brands as its Merchandise Manager.  He became President of Express in 1982, subsequently becoming its Chief Executive Officer as well.

Following his 2004 retirement, he returned in 2007 when the brand was purchased by Golden Gate Capital.  Mr. Weiss has served as the Chief Executive Officer and a director of Express since his return and as Chairman of the Board since 2011.  Under his leadership, the brand has expanded into new categories, geographies, and channels of distribution.

Commenting on the announcement, Mr. Weiss stated that, "It's been a joy and a privilege to lead this incredible business since its inception 34 years ago." Since his return to Express, the Company launched its rapidly growing e-commerce platform; opened international franchise locations and entered Canada; and opened its first outlet stores, which to date, are exceeding expectations. 

Mr. Weiss added, "The end of the current fiscal year, in January 2015, is an appropriate time for me to scale back my daily involvement in the business.  I will be leaving Express in the hands of a deep and talented management team, and I am confident that under David's direction, the Company will successfully evolve into an omni-channel brand.  And of course, since I will remain in my role as Chairman of the Board, I'll continue supporting the execution of the Company's strategic plan."

Mr. Kornberg joined Express in 1999 and has served in roles of increasing responsibility since that time. In 2012, he was named President of Express, assuming direction of both men's and women's merchandising & design and subsequently assumed responsibility for U.S. store operations. He began his career in the United Kingdom, spending ten years at Marks & Spencer PLC.  He briefly left Express in 2002 to serve as the Vice President of Business Development for Disney Stores and returned in 2003.   

Express Inc

Must ReadView All

Apparel/Garments | On 29th Jun 2016

Bangladesh revises tax at source on RMG down to 0.7%

Following requests made by trade bodies, the Bangladesh government...

AEPC chairman Ashok G Rajani speaking at the press conference. Courtesy: AEPC

Apparel/Garments | On 29th Jun 2016

Apparel sector pledges Rs 623cr investment post package

The apparel sector is buoyant after the recent announcement of Rs...

Apparel/Garments | On 29th Jun 2016

India’s apparel exports may touch $20bn in FY17: CMAI

The value of clothing exports from India is likely to touch $20...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search