American Apparel Ousts Controversial Founder for Alleged MisconductDov Charney has been removed from his posts as chairman, president and CEO of the company he founded.

ByJason Fell

Opinions expressed by Entrepreneur contributors are their own.

多夫恰尼的野生骑血栓的创始人兼首席执行官hing giant American Apparel appears to be at an end. The company's board of directors has voted to replace Charney as chairman and notified him of its intent to terminate him as president and CEO.

In a statement released last night, American Apparel said Charney's dismissal "grew out of an ongoing investigation intoalleged misconduct." No other details about the situation were released.

The board said it appointed Executive Vice President and Chief Financial Officer John Luttrell as interim CEO. Board members Allan Mayer and David Danziger were appointed co-chairmen.

Related:How RadiumOne Did the Right Thing in Firing Its CEO

Charney's time atop his clothing company was plagued by controversy. In 2009, the company came under fire forhiring illegal immigrantsto work its Los Angeles factory. Charney himself has been accused of sexually harassing female employees (thoughsome of those claims were thrown out) and of diving at and then choking a male employee beforerubbing dirt in his face.

Born in Montreal, Charneystarted making his own T-shirtsin 1989 during his second year attending Tufts University in Massachusetts. Having a deep interest in American history and culture, Charney later called his clothing company American Apparel. The company went public in 2007.

At market close yesterday, American Apparel stock was trading at about 64 cents per share. The stock was trading about 25 percent higher today in premarket trading.

Related:Leadership Lessons From the Trenches of Silicon Valley

Wavy Line
Jason Fell

VP, Native Content

Jason Fell is the VP of Native Content, managing theEntrepreneur Partner Studio, which creates dynamic and compelling content for our partners. He previously served as Entrepreneur.com's managing editor and as the technology editor prior to that.

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