American Eagle Outfitters Inc announced that Susan P. McGalla has advised the firm she will not renew her contract as President and Chief Merchandising Officer, which expires January 31, 2009.
“After 14 very rewarding years with American Eagle, I feel it's time to move on to new challenges,” Ms. McGalla said. “I am grateful for the opportunities American Eagle has presented to me over the years and to lead such a talented team.”
Ms. McGalla has agreed to devote her remaining time with the company to building Martin + Osa, 77kids, as well as special projects. Her responsibilities as President will be assumed by Jim O'Donnell, Chief Executive Officer. The company will conduct a search for a new Chief Merchandising Officer.
“Susan has been an important part of our growth and success at American Eagle Outfitters,” said Jim O'Donnell, Chief Executive Officer. “Among her many accomplishments, she has been a key leader in the growth of AE's dominant women's business, launch of aerie, refinement of the Martin + Osa concept, and development of our newest brand, 77kids.
Susan's leadership and commitment to the development of our merchandising teams gives me confidence in a seamless transition. On a personal level, I wish Susan the best in all of her future endeavors and continue to be excited about American Eagle Outfitters' future.”