Chico’s Makes Interim CEO Permanent Amid Hostile Takeover Fight

July 18, 2019, 9:10 PM

Chico’s FAS Inc., the women’s apparel retailer that’s fending off a hostile takeover bid, said it’s making Bonnie Brooks its permanent chief executive offficer while the head of its namesake brand is departing only months after she was hired.

Brooks had been serving as interim CEO since April. The company also named Molly Langenstein -- a former Macy’s Inc. executive -- as head of all the apparel groups, including the Chico’s brand and White House Black Market. Chico’s brand President Karen McKibbin, a veteran of upscale department store Nordstrom Inc. who joined the company in April, has resigned.

Bonnie Brooks
Photographer: Nakita Krucker/Toronto Star via Getty Images

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