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American Apparel names Adrian Kowalewski CFO

31
Dec '08
American Apparel Inc announced that Adrian Kowalewski has been appointed Executive Vice President and Chief Financial Officer, effective immediately.

Mr. Kowalewski, 31, joined American Apparel in 2006 and has served as the company's Director of Corporate Finance and Development for the past two years, where his responsibilities have included finance, corporate strategy, and investor relations. Mr. Kowalewski has been a member of American Apparel's board of directors since the completion of the merger with Endeavor Acquisition Corp. in December 2007. In his new role as Chief Financial Officer, Mr. Kowalewski will also have oversight over financial management, accounting, and financial reporting, including Sarbanes-Oxley compliance.

Dov Charney, Chairman and Chief Executive Officer of American Apparel, stated: “The board of directors is very pleased that Adrian has agreed to take on the added responsibility of serving as CFO. In light of his past contributions to American Apparel, and his efforts over the past six months in helping to build the accounting and finance functions at the company, both I and the rest of the board have full confidence that he will serve the company well in this new leadership role.”

Mr. Kowalewski began his career in investment banking at CIBC World Markets in mergers & acquisitions. He also worked at Houlihan Lokey Howard & Zukin and Lazard Frères & Co., both investment banking firms, where he was involved in mergers & acquisitions and financial restructurings. Mr. Kowalewski received a bachelor's degree with honors in economics from Harvard University, and an MBA from the University of Chicago Graduate School of Business.

American Apparel is a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel based in downtown Los Angeles, California. As of November 30, 2008, American Apparel employed over 10,000 people and operated more than 240 retail stores in 19 countries, including the United States, Canada, Mexico, Brazil, United Kingdom, Austria, Belgium, France, Germany, Italy, the Netherlands, Spain, Sweden, Switzerland, Israel, Australia, Japan, South Korea, and China.

American Apparel


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