Business
Lands' End Announces CEO Transition, Positioning Company for Next Phase of Growth
Lands' End Announces CEO Transition, Positioning Company for Next Phase of
About this update from Lands' End Inc
DODGEVILLE, Wis- Lands' End, Inc. (NASDAQ: LE) today announced that its Board of Directors has appointed consumer brand and digital transformation executive Charlie Cole as Chief Executive Officer and a member of the Board of Directors, effective July 13, 2026. Mr. Cole will succeed Andrew McLean, who will step down as CEO and a member of the Board of Directors.Mr. Cole's appointment builds on the strong execution of the Company's solutions-based strategy under Mr. McLean that strengthened the Lands' End brand, improved operating performance, repositioned the Company for long-term growth, and culminated in the Company's strategic joint venture with WHP Global. 'Our responsibility as a Board is to ensure Lands' End has the right leader for every stage of its evolution,' said Josephine Linden, Chair of the Board of Directors. 'Charlie has spent his career transforming iconic consumer brands by combining disciplined operating execution with technology-enabled innovation, and the Board is confident that his expertise will enable him to execute and expand on the strategy the Company recently laid out while positioning Lands' End exceptionally well to drive the next phase of profitable growth and sustainable shareholder value creation.'Mr. Cole said, 'Lands' End is one of America's most iconic brands, built on quality, service, and enduring customer relationships. Andrew and the entire team have created a strong platform for the future, and I am honored to build upon that foundation, leveraging my technology and AI experience to create an even more personalized, engaging and productive customer experience. I look forward to working alongside Lands' End's talented employees, partners, customers and shareholders as we write the next chapter of the Lands' End story.'Mrs. Linden added: 'On behalf of the Board, I want to thank Andrew for his outstanding leadership. During his tenure, Lands' End executed a strategic transformation that strengthened both the business and the balance sheet and created meaningful opportunities for future value creation. Andrew's leadership in establishing the WHP Global joint venture represents a significant milestone in unlocking the long-term potential of the Lands' End brand. We are grateful that he will continue supporting the Company during this transition.' 'The continued return of capital to shareholders through the Company's $10...