Hampshire Announces (HAMP) Announces Resignation of Its President and CEO
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Hampshire Group, Limited (OTC: HAMP) announced that Michael S. Culang had resigned as President and Chief Executive Officer and as a Director of the company.
Hampshire Group also announced that Richard Mandell has been appointed as President and Chief Executive Officer. Mr. Mandell has served as a Director of the company since April 2008. Mr. Mandell also serves as a director of Encore Capital Group, for which he served as the Chairman of the Board of Directors from October 2004 until May 2007. In addition, Mr. Mandell serves on the Board of Directors of Trian Acquisition I Corp., a $920 million SPAC. From January 1986 to February 1998, Mr. Mandell was a Vice President -- Private Investments of Clariden Asset Management (NY) Inc., a subsidiary of Clariden Bank, a private Swiss bank. Prior to that, Mr. Mandell served as a Managing Director of Banking of Prudential Securities Incorporated, from 1982 to June 1995, where he was head of the Retail Trade Group.
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