Peter Cuneo will oversee the financial and legal functions for the brand management company.
NORTH AMERICA–Iconix Brand Group has promoted Peter Cuneo to serve as the company’s executive chairman of its board of directors, effective immediately.
In his new role, Cuneo will focus on evaluating strategic opportunities, overseeing the financial and legal functions and working towards stabilizing the company's balance sheet.
Most recently, Cuneo served as the chairman of the board of directors at Iconix Brand Group and the interim chief executive officer from August 2015 to April 2016. Before joining Iconix’ Board in 2006, Cuneo worked across global entertainment and consumer product sectors where he spearheaded seven corporate turnarounds.
"Peter Cuneo is a recognized leader in business turnarounds with intimate knowledge of the Iconix operating model,” says John Haugh, chief executive officer, Iconix Brand Group. “I am thrilled to have Peter rejoin the management team of the company in his new role as executive chairman of the board. Peter's involvement will free up more time for me to focus on our core licensing business while evolving the company to generate future growth."
John Haugh will continue to serve as the company's chief executive officer.