Source: Larry Busacca / Getty
Sources report that the Founder/ CEO of Polo, Ralph Lauren, has announced his resignation as CEO of the company and will now be acting as the Executive Chairman and Chief Creative Officer of the Ralph Lauren Corporation. Lauren has appointed former Old Navy President, Stefan Larrson, as the new CEO.
“I’m excited about my business, and I’m not leaving,” Lauren told the Wall Street Journal. “It’s a public company, and we have a responsibility to have the right leadership.”
