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Limited Brands: Len Schlesinger, vice chairman/COO of Limited Brands, recently resigned. Schlesinger had been with the company since 1999. His responsibilities will be assumed by Chairman/CEO Les Wexner and Chief Administrative Officer Martyn Redgrave.
ACQUISITIONS
Sheplers: The Western wear apparel cataloger/retailer has been acquired by private equity firm Gryphon Investors for an undisclosed amount. With the news came the announcement that CEO Mike Anop would retire and hand over the CEO reigns to Mark Syrstad. Syrstad most recently served as president and CEO of Crafts Retail Holdings.
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