Dinesh Lathi Named CEO of Tailored Brands
Tailored Brands has appointed Dinesh Lathi president & CEO and Theo Killion as chairman of the board of directors, both effective immediately.
“Following a robust and thorough search process, the board is pleased to appoint Dinesh as president and CEO of Tailored Brands,” said Killion. “Dinesh has demonstrated a deep commitment to building and leading a customer-obsessed company that empowers our talented employees with technology, data, and the creative resources needed to exceed customer expectations and position Tailored Brands for long-term sustainable growth.”
Lathi served as chairman of Tailored Brands ― the parent company of Men's Wearhouse, Jos. A. Bank, Joseph Abboud, Moores Clothing for Men and K&G ― since March 2017and has been a member of the Tailored Brands board of directors since March 2016.
“Our goal is to be the trusted partner to our customers who want to look and feel their best for moments that matter,” said Lathi. “To deliver on this promise, we are aligned around three core growth strategies: personalized products and services, seamless and inspiring experiences in and across every channel, and brands that stand for more than just price.”
Killion has served as lead independent director since August 2018 and joined the board of directors in June 2017.
“We are pleased to appoint Theo as chairman,” said Tailored Brands’ nominating and corporate governance committee chairperson Irene Chang Britt. “During his tenure as CEO of Zale Corporation, Theo led a turnaround effort. Theo’s extensive merchandising and retail experience provides a strong complement to Dinesh’s deep e-commerce and digital background, and this combination will prove invaluable as we set Tailored Brands on a course for growth.