- Prachi Singh |
Perry Ellis International has announced that Chairman of the Board and Chief Executive Officer George Feldenkreis has been named Executive Chairman of the Board, and President & Chief Operating Officer Oscar Feldenkreis has been made the company's CEO & President.
The moves took place in accordance with a previously released executive leadership succession plan. George Feldenkreis founded the company 49 years ago and has served as Chairman of the Board and CEO since 1993. He will now play an integral role working with strategic planning, the development of mergers and acquisitions, licensing, and other growth areas.
Oscar Feldenkreis has been involved in all aspects of the company's operations since 1980, when it was named Supreme International. He was elected President and COO in February 1993 and elected Vice Chairman of the Board in March 2005. He's played a key role in expanding the scope of the business beyond private-label distribution, into branded men's and women's apparel. Feldenkreis' grasp of marketing, branding, sales and manufacturing have transformed Perry Ellis into an apparel industry leader.
"I congratulate Oscar on his well-deserved appointment as Perry Ellis' Chief Executive Officer," George Feldenkreis said, adding, "We have worked closely since he joined Perry Ellis 35 years ago and I have observed with great pride the significant role he has played in the company's growth and success. I am very confident that he has the ability to drive the next era of growth and shareholder value creation."
Oscar Feldenkreis is an active Industry Advisory Board Member for the Jay H. Baker Retailing Center Wharton School of the University of Pennsylvania and is involved in numerous local and national civic causes, to include sitting on the Advisory Board of My Mela and serving as President of the Friends of the Israel Defense Forces (FIDF) in South Florida.