- Lands’ End (NASDAQ:LE) said Andrew McLean will join the company as CEO-Designate on November 1, 2022. He will also join the Board of Directors.
- McLean will assume the role of CEO following the planned retirement of Jerome Griffith at the conclusion of LE’s 2022 fiscal year ending January 27, 2023.
- After the CEO transition, Griffith will continue to serve as a Director and is expected to be nominated for re-election to Board at the 2023 Annual Meeting of Stockholders.
- McLean joined American Eagle Outfitters, Inc. (NYSE:AEO) in 2016 and began his career as a strategy consultant with AT Kearney. He was appointed President, International at AEO, the parent of American Eagle and Aerie brands, in 2022.
- He received a B.S. in Engineering from the University of Manchester, a Master’s in Engineering Management from the University of Cambridge, and an MBA from Harvard Business School.
- Price Action: LE shares are trading lower by 1.43% at $10.35 on the last check Monday.
Aspen’s (AZPN) Q4 Earnings Beat Estimates, Revenues Up Y/Y
Aspen Technology (NASDAQ: AZPN) reported fourth-quarter fiscal 2022 non-GAAP earnings of $2.43 per share, beating the Zacks Consensus Estimate by 13%. The company reported non-GAAP earnings of 38 cents per share in the year-ago quarter.
