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American Apparel

American Apparel adds second woman to its board

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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August 13, 2014, 7:52 PM ET
American Apparel ad medium
American Apparel ad mediumCourtesy of American Apparel

In a move to further distance itself from scandal, the embattled retailer American Apparel on Wednesday announced that it had appointed Laura Lee, a Google executive, to its board of directors.

Lee, who runs East Coast content partnerships for Google (GOOG) and YouTube, is the second woman to serve in that capacity. Last month, American Apparel appointed Colleen Brown, an ex-Fisher Communications executive, as its first female director.

The move comes after Dov Charney, American Apparel’s founder and former CEO, was suspended for financial misconduct and the alleged sexual harassment of employees. In July, American Apparel received a $25 million loan from Standard General to help it avoid going bankrupt.

“Laura brings a deep understanding of the internet space and digital launch initiatives, combined with a strong background in major brand building and key partnership development, to the American Apparel board,” Brown said in a statement. “Laura will be a tremendous resource and will bring a fresh perspective to the company.”

A recent study found that corporate boards with female directors tend to perform better and help manage risk.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Coins2Day's managing editor, leading operations for the newsroom.

Prior to rejoining Coins2Day, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Coins2Day in 2014.

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