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American Apparel Names New Interim CEO

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American Apparel announced on Monday that it would be making some leadership changes. While the embattled apparel company searches for a permanent CEO to replace its ousted founder Dov Charney, Alvarez & Marsal managing director Scott Brubaker will serve as interim CEO. Brubaker has served in interim and advisory positions for a number of other retailers in the past. He has been advising the company since it hired Alvarez & Marsal, a firm that specializes in turnarounds and restructuring, earlier this month.

John Luttrel, American Apparel’s CFO and current interim CEO since Charney’s departure, will be leaving the company. Hassan Natha, former CEO for Fisher Communications Inc., will replace Luttrel.

In a statement, American Apparel co-chairman of the board Allan Mayer, said, “We are confident that their experience and leadership will help the company achieve its goals.”

In June Charney was accused by the board for violating the company’s sexual harassment and antidiscrimination policies. He was also accused of making charging personal expenses to the company.

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