Former Bonobos CEO
Andy Dunn is “stepping up” to Executive Chairman of the company and will
be replaced by retail expert Francine Della Badia. Dunn will become a
brand ambassador and media face for the company while Della Badia will
handle day-to-day business and manage the company’s Bonobos, AYR, and
Maide lines.“It was a huge decision,” said Dunn. “I wanted to find someone we could partner with to focus on retail.”
The move will be effective June 1, 2015.
“I feel fortunate to inherit a company with very compelling brands and strong momentum that is poised for continued growth,” said Della Badia in a release.
Bonobos, founded in 2007, sells clothing online and in physical stores. We visited the company in December where we spoke with then-CEO Dunn about the company’s growth.