Content about Susan McGalla

July 23, 2012

Wet Seal has terminated the employment of its CEO, Susan McGalla, and has begun a search for a new executive to head the struggling young women's apparel retailer.

FOOTHILL RANCH, Calif. — Wet Seal has terminated the employment of its CEO, Susan McGalla, and has begun a search for a new executive to head the struggling young women's apparel retailer.

Until such a person is found, Wet Seal president and COO and Steve Benrubi, CFO, will serve as co-principal execuitve officers and members of the office of the chairman, led by Hal Kahn, until a new CEO is elected by the board of directors.

For the month-to-date, Wet Seal's comps have declined between 13% and 14%.

January 12, 2011

Specialty apparel retailer Wet Seal announced that it has entered into an employment contract with Susan McGalla to serve as its new CEO through Aug. 8, 2014. McGalla will assume her position as CEO on Jan. 18. Ed Thomas will remain as interim CEO until Jan.18, 2011, and thereafter will remain employed by the company until Feb. 8, to assist with transition.

FOOTHILL RANCH, Calif. - Specialty apparel retailer Wet Seal announced that it has entered into an employment contract with Susan McGalla to serve as its new CEO through Aug. 8, 2014. McGalla will assume her position as CEO on Jan. 18. Ed Thomas will remain as interim CEO until Jan.18, 2011, and thereafter will remain employed by the company until Feb. 8, to assist with transition.