On Tuesday, American Apparel formally fired founder and CEO Dov Charney "for cause in accordance with the terms of his employment agreement" and hired Paula Schneider to replace him, effective Jan. 5. The controversial Charney was booted from American Apparel's board and placed on suspension in June while the company investigated alleged misconduct, including "financial improprieties" and allowing a blogger to use a nude photo of a former employee suing the company, the Los Angeles Times reports. The investigation, conducted by FTI Consulting, is complete.
Charney fought his ouster for months, and said Tuesday he is "disappointed with the circumstances." "I'm proud of what I created at American Apparel and am confident that, as its largest shareholder, I will have a strong relationship with the company in the years ahead," he added.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Can Texas redistricting save the US House for the GOP?Today's Big Question Trump pushes a 'ruthless' new plan, but it could backfire
-
'No one should be surprised by this cynical strategy'Instant Opinion Opinion, comment and editorials of the day
-
Intellectual property: AI gains at creators' expenseFeature Two federal judges ruled that it is fair use for AI firms to use copyrighted media to train bots
-
Wildfires destroy historic Grand Canyon lodgeSpeed Read Dozens of structures on the North Rim have succumbed to the Dragon Bravo Fire
-
Search for survivors continues after Texas floodsSpeed Read A total of 82 people are confirmed dead, including 28 children
-
EPA is reportedly killing Energy Star programspeed read The program for energy-efficient home appliances has saved consumers billions in energy costs since its 1992 launch
-
US proposes eroding species protectionsSpeed Read The Trump administration wants to change the definition of 'harm' in the Environmental Protection Act to allow habitat damage
-
Severe storms kill dozens across central USSpeed Read At least 40 people were killed over the weekend by tornadoes, wildfires and dust storms
-
Rain helps Los Angeles wildfires, risks mudslidesSpeed Read The weather provided relief for crews working to contain wildfires, though rain over a burn area ups the chances of flooding and mudslides
-
Death toll rises in LA fires as wind lull allows progressSpeed Read At least 24 people have died and 100,000 people are under mandatory evacuation orders
-
Biden cancels Italy trip as raging LA fires spreadSpeed Read The majority of the fires remain 0% contained
