logo
Plus   Neg
Share
Email

Hugo Boss CEO Mark Langer To Step Down, Effective Sept. 30 - Quick Facts

German luxury fashion brand Hugo Boss AG (HUGSF.PK) announced Monday that Chief Executive Officer Mark Langer will leave the Managing Board with effect as of September 30, 2020.

Due to the current challenges caused by the COVID-19 pandemic, Langer will act as a consultant after September 30 until the end of the year.

The company said the decision has been agreed in best mutual consent between Langer and the Company.

Hugo Boss said its Supervisory Board will immediately focus on the search for a successor.

Langer was the company's CEO since 2016, and before that he was Chief Financial Officer.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Pizza Hut's large Original Pan Pizza is now available at locations across the U.S. for $10.99. The fast food chain, a subsidiary of Yum! Brands Inc., said that fans can now get a large Original Pan Pizza with up to three of their favorite toppings, without needing to stretch their wallets. The Original Pan Pizza is a buttery golden-brown color. The U.S. Food and Drug Administration approved the first drug to treat adults and children aged 12 years and older with hypereosinophilic syndrome for six months or longer without another identifiable non-blood related cause of the disease. GlaxoSmithKline's Nucala (mepolizumab) is the first FDA-approved drug in nearly 14 years to treat this group of rare and debilitating blood diseases. Uber has won a legal battle to continue to operate in London, one of its largest markets. The ride-hailing company has been granted an 18-month license to operate in London after overturning the ban on an appeal for the second time. The Westminister Magistrates Court found Uber London Ltd. a "fit and proper" company to run the services in London.
RELATED NEWS
Follow RTT