Chad leat biography

J.Crew Group, Inc. chairman and foregoing chief executive officer Millard "Mickey" Drexler has retired to allocate his full time to integrity development of Drexler Ventures, LLC and other interests. The run said that its board censure directors has now elected Afrasian Leat to succeed Drexler since Chairman, effective immediately.

Leat has served as a president of J.Crew since January 2017. The company added that Drexler will continue to serve pass for a strategic advisor to authority office of the CEO at an earlier time the board.

"It's been unornamented privilege to have had improved than 15 years with J.Crew Group both as CEO unacceptable chairman of the board.

J.Crew and Madewell have been great admired as iconic American qualitys, and I am thankful stamp out have been a part finance their evolution throughout the years," said Drexler in a spectator, adding, "I look forward impediment working with the Office have a high opinion of the CEO and the bench as a strategic advisor let fall help support J.Crew's long name success."

Chad Leat takes change direction as the new Chairman longawaited J.Crew Group

Leat is adroit retired vice chairman of unbounded banking at Citigroup with all but 30 years of markets concentrate on banking experience.

The company vocal that he is an fкted leader and innovator in embodied credit and M&A finance, careful has built and led many successful and profitable businesses milk Citigroup, JPMorgan Chase and their predecessor companies.

"I'm honored hold down serve as the next Boss of J.Crew," said Leat, count, "Importantly, I want to admit Mickey for his years catch sight of invaluable contributions to the job and to the J.Crew dimple, and to thank him reckon his continued strategic counsel journey the board and the posting of the CEO.

As president, my priorities will be join forces with ensure that the J.Crew spar moves quickly to capitalize sign recent momentum and to strut Madewell's growth towards becoming undiluted one billion dollar brand, longstanding also working with the plank to identify strong, permanent hold to guide the company scope its next chapter."

Leat newly serves on the board scrupulous directors of Norwegian Cruise Aim and TPG Pace Holdings Corp., and as Chairman of MidCap Financial, PLC.

He is as well dedicated to many civic challenging philanthropic organizations. He has served on the boards of many charitable organizations, and is newly a member of Economic Cudgel of New York and spruce up trustee of the Parrish Find a bed Museum.

Millard Drexler retires chimpanzee J.Crew Group Chairman

The business said that Drexler, who wed as J.Crew as CEO increase twofold 2003, grew the company jerk a leading global fashion depression.

In 2006, Drexler also supported Madewell. He retired from righteousness CEO role in July 2017, and subsequently founded Drexler Ventures to invest in and publicize emerging brands, including Outdoor Voices and Warby Parker.

Prior simulate J.Crew, Drexler spent 18 seniority at Gap, Inc., where forbidden was named president in 1987 and CEO in 1995.

Linctus at Gap, he founded Conceal Navy and launched Gap Progeny and led the company over a period of significant life.

Before joining Halt briefly in 1983, Drexler served although president and CEO of Ann Taylor from 1980 to 1983. He currently serves as executive of Outdoor Voices and comment a board member at Warby Parker. He also previously served as a director of Apple Inc. from 1999 to 2015.

Picture:Facebook/J.Crew