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American Apparel Names Paula Schneider as CEO, Terminates Dov Charney

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LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of American Apparel, Inc. (NYSE MKT: APP) today announced that it has appointed veteran fashion executive Paula Schneider as Chief Executive Officer, effective January 5, 2015. This appointment follows the termination of Dov Charney, former President and Chief Executive Officer, for cause in accordance with the terms of his employment agreement. Scott Brubaker, who has been serving as Interim CEO, will continue in the post until Ms. Schneider

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