LOS ANGELES — Guess? Inc. announced tht its COO, J. Michael Prince; and SVP and CFO, Dennis Secor. Both are leaving to pursue other interests. Prince will remain with the company until Nov. 26 and Secor will remain with the company until Dec. 7.
Paul Marciano, CEO, stated, "We wish Michael and Dennis well in their future endeavors and thank them for their contributions to our company. Given the depth of our management team, we expect a very smooth and orderly transition."
The company does not have any immediate plans to replace the COO position and will realign these responsibilities among various senior executives. Michael Relich, EVP and CIO, will assume additional operational responsibilities, including logistics. Relich has been with the company as its CIO for eight years.
Nigel Kershaw, VP finance and accounting, and treasurer, will assume the role of interim CFO as of Dec. 7. Kershaw has been with the company for the past seven years in various roles of increasing responsibility.