SMITH NAMED PRESIDENT, CEO AT LANDS’ END; END RESIGNS
NEW YORK — Michael Smith has been named president and chief executive officer of Lands’ End, the catalog retailer based in Dodgeville, Wis., succeeding William T. End, who resigned due to disagreements with the board of directors over management style, the company said.
Smith, 34, was vice president of Coming Home, the company’s bed and bath division. He joined Lands’ End as a market research analyst in 1983. After a series of promotions, he was named managing director of Coming Home in 1990, and became vice president the following year.
End was instrumental in the firm’s international expansion. He is the second top executive to leave Lands’ End in the past few months. David F. Dyer, who was vice chairman of merchandising and sales and a director, joined Home Shopping Network in August as chief operating officer.
On Monday, Lands’ End’s stock closed at 15 1/2, down 5/8 on the New York Stock Exchange.