NEW YORK — Jill Granoff has resigned as chief executive officer of Vince Corp.

This story first appeared in the July 14, 2015 issue of WWD. Subscribe Today.

The company said late Monday that Granoff had told the board of her decision. She will stay on “through a transition period to ensure an orderly and effective leadership transition,” the firm said.

Vince chairman Marc Leder will lead the search for a new CEO, working with a search firm.

Granoff  led the company through its initial public offering. While expanding the brand into men’s wear and accessories, as well as opening a string of Vince stores, the company has hit some road bumps.

Nonetheless, Leder praised Granoff, saying,  “Jill has been a tremendous steward for the Vince brand for the last three years. She has shown great leadership during her tenure and her commitment to seeing us through this orderly transition speaks volumes about her professionalism. On behalf of the entire Vince organization, I want to thank Jill for her valuable contributions.”

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