Jack Kliger, chief executive officer of Hachette Filipacchi Media U.S., will be moved to a newly created position of chairman as of Sept. 1. He will be replaced by Alain Lemarchand, a longtime executive at Hachette’s French parent,Lagardère Active, who has held several financial and board position across the company. Lermachand will move to the U.S. from Paris upon taking over his new position.
In a memo to Hachette employees, Kliger said he has been “offered the position of chairman, HFM U.S. to concentrate on developing strategic relationships for the company.”
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?"