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
Ford plans to bring back the Bronco as a dedicated off-road brand when it launches an all-new 4x4 SUV lineup on July 13. The automaker said it will introduce an all-new Bronco brand under the tagline, "Built Wild". The new lineup includes two-door and four-door models of the Bronco as well as the Bronco Sport compact SUV. J. M. Smucker Co. is recalling certain Natural Balance canned cat food, citing health concerns likely associated with increased levels of choline chloride, an animal growth promotant, the U.S. Food and Drug Administration said in a statement. The recall was initiated after receiving reports of adverse reactions. Polaris Industries Inc. is recalling certain Ranger and General Utility, as well as All-Terrain vehicles citing risks of crash, the U.S. Consumer Product Safety Commission said in a statement. The Medina, Minnesota-based company has called back about 26,730 units of Model Year 2019 - 2020 Ranger XP 1000 & Model Year 2020 General XP 1000 Utility vehicles.
Follow RTT