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Stock Market & Financial Investment News

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June 19, 2014
15:01 EDTAPPAmerican Apparel chairman says no plan to sell company, Bloomberg reports
American Apparel co-chairman Allan Mayer says the company is "not pursuing any transaction" and that there are no plans to sell the company, according to Bloomberg, citing an interview with Mayer.
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September 29, 2014
08:37 EDTAPPAmerican Apparel appoints Scott Brubaker as interim CEO, Hassan Natha as CFO
American Apparel announced the appointment of Scott Brubaker as Interim CEO and Hassan Natha as Executive Vice President and CFO, effective immediately. Brubaker is a Managing Director at Alvarez & Marsal, and replaces John Luttrell as Interim CEO. Natha, who replaces Luttrell as CFO, has more than 20 years of experience in finance with both public and private companies, including service as Chief Financial Officer at Fisher Communications, Inc. and Jones Soda Company. John Luttrell, who had been serving as Interim Chief Executive Officer and Chief Financial Officer, is resigning from the company.

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