Pursuits
Abercrombie CEO Search Has Three Executives Duking It Out
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Abercrombie & Fitch Co., which hasn’t had a CEO in five months, has set up a contest for the job that pits its operations chief against each of its brand presidents.
After the departure of longtime Chief Executive Officer Mike Jeffries in December, the clothing retailer has focused its internal search on Chief Operating Officer Jonathan Ramsden; Christos Angelides, president of the flagship Abercrombie chain; and Fran Horowitz, who oversees the Hollister brand. The company is seeking the leader with the most compelling vision for replacing Jeffries’s raunchy-preppy tone, which has fallen out of favor with teens.