Iconix Brand Group has tapped Peter Cuneo, executive chairman, board of directors, to serve as its interim chief executive officer, effective immediately.
"The Iconix Board regularly evaluates leadership to ensure that we have the right mix of skills and experience in place to drive growth and value creation for all of our stockholders,” says Drew Cohen, lead independent director, board, The Iconix Brand Group. “Iconix has made steady progress on a range of financial initiatives, including strengthening our balance sheet and addressing near-term debt obligations. As we continue to work diligently to build a platform for sustainable growth that fully capitalizes on the strength of our global brand portfolio, the Board is committed to putting in place a strong leadership team that is able to successfully execute on these goals.
Chief executive officer, president and board member John Haugh stepped down as cheif executive officer to pursue other opportunities.