True Religion Apparel, Inc. (TRLG) said Tuesday that Jeff Lubell has decided to step down as Chairman, Chief Executive Officer, Creative Director and employee of the company.
Lubell has agreed to serve as Chairman Emeritus and a creative consultant to the company he founded for a period of two years.
The company has appointed President Lynne Koplin to serve as the company's Interim Chief Executive Officer.
True Religion also said that the process of evaluating possible strategic alternatives to maximize shareholder value, announced in October, is ongoing.
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