WARNACO WINS CASE WITH EX-OLGA HEAD
NEW YORK — The Warnaco Group does not have to pay 90-days’ salary and stock benefits to the former president and chief executive officer of its Olga division, a federal judge has ruled.
U.S. District Court Judge Kimba Wood ruled that the former executive, Alan Lesk, did not give ample notice before leaving Warnaco and was therefore not entitled to the extra pay and benefits.
Lesk sued Warnaco to recover three-months’ salary and stock benefits after he left the company in October 1991.
Lesk claimed he was fired after meeting with Warnaco’s ceo, Linda Wachner, about accepting a position with The Leslie Fay Cos. and was unable to give Warnaco 90-days’ notice that he was leaving, as required by his contract.
Wachner said Lesk resigned and was therefore not entitled to any money or benefits.
Wood, in a 13-page decision, sided with Warnaco, saying that even if Lesk was fired, he is not entitled to salary or benefits because the 90-day contract stipulation was “solely for the protection of Warnaco.”
Lesk left to become chairman of the now-defunct Leslie Fay Intimates operation. Last August, he became president of Intimate Connection, a new intimate apparel firm.
— Fairchild News Service