Plus   Neg

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
Flagstone Foods LLC is recalling certain Wegmans Pecan Blend Trail Mix citing the possible presence of undeclared almonds and walnuts, the U.S. Food and Drug Administration announced. The Robersonville, North Carolina-based company initiated the recall following a notification from a customer that the product contained almonds and walnuts that are not listed in the ingredient statement on the pack Ford has revived the iconic Bronco brand after a gap of 24 years, this time as a dedicated off-road brand aiming to take on Fiat Chrysler's Jeep Wrangler, the dominant vehicle in the off-road category. Ford has introduced three new vehicles under the all-new Bronco brand as a 4x4 family of rugged SUVs under the tagline, "Built Wild". 3M Co. is teaming with researchers at Massachusetts Institute of Technology or MIT to develop a new rapid antigen test that detects the COVID-19 virus. The research, being conducted at the pilot lab facility at 3M's headquarters in St. Paul, Minnesota, is to learn if a simple-to-use, diagnostic device can produce highly accurate results within minutes and is feasible to mass manufacture.
Follow RTT