WARRENDALE, Pa. — November 16, 2018 — r21 Holdings Inc. (rue21) announced that Michael C. Appel, currently chairman of the Board of the company, will assume the additional title of CEO, effective November 12, 2018. Appel served as interim CEO from October 2017-June 2018.
Appel succeeds Laurie Van Brunt who served as president and CEO. Her departure was a mutual decision and she resigned.
According to the rue21 Board, “The Board of Directors of rue21 has asked Michael Appel to re-assume the senior leadership of the company as chief executive officer on a permanent basis. Our decision is based on the progress made under Michael’s leadership as Interim CEO, his successful recruitment of senior leadership, and retaining key management.”
Posted November 19, 2018
Source: rue21
