Ashley Allen, president and chief executive officer of Milliken & Co., is retiring on May 1 and will be succeeded by chief operating officer Joe Salley, the company said Thursday.
Chairman Roger Milliken revealed Allen's retirement during his remarks at the company's winter management conference on Wednesday in Spartanburg, S.C., where it is based. Allen's retirement in May follows his 65th birthday.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"