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CL King Downgrades Lands' End (LE) to Neutral

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Federica Marchionni Steps Down from Lands’ End and its Board of Directors

September 26, 2016 7:01 AM EDT

Joseph Boitano and James Gooch Appointed Co-Interim Chief Executive Officers

Board Has Commenced Search for Permanent CEO

DODGEVILLE, Wis., Sept. 26, 2016 (GLOBE NEWSWIRE) -- Lands End, Inc. (NASDAQ: LE) today announced that Federica Marchionni has stepped down from her role as Chief Executive Officer and resigned as a Director.  Its Board of Directors has appointed Joseph Boitano and James Gooch Co-Interim Chief Executive Officers, effective immediately. 

Mr. Boitano currently serves as Executive Vice President and Chief Merchandising and Design Officer, and Mr. Gooch currently serves as Executive Vice President and Chief Operating and... More