American Apparel Board Suspends Dov Charney as CEO
Declares intent to terminate him for cause, names John Luttrell as interim CEO
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American%20Apparel<%2Fa>%20yesterday%20voted%20to%20replace%20Dov%20Charney%20as%20chairman%20and%20notified%20him%20of%20its%20intent%20to%20terminate%20his%20employment%20as%20president%20and%20CEO%20for%20cause.%20It%20is%20expected%20that%20the%20termination%20will%20be%20effective%20following%20a%2030-day%20cure%20period%20required%20under%20the%20terms%20of%20Charney's%20employment%20agreement.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.printandpromomarketing.com%2Farticle%2Famerican-apparel-board-suspends-dov-charney-ceo%2F" target="_blank" class="email" data-post-id="3676" type="icon_link">
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The Board of Directors of American Apparel yesterday voted to replace Dov Charney as chairman and notified him of its intent to terminate his employment as president and CEO for cause. It is expected that the termination will be effective following a 30-day cure period required under the terms of Charney's employment agreement.
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