by Stephen Garner
Guess J Balvin

Guess has announced that Victor Herrero, director and chief executive officer, is leaving the company effective February 2.

Carlos Alberini, formerly the president and chief operating officer of the company from 2000 to 2010, has been appointed as the new director and CEO of the company, effective upon his separation from his current employer.

Alberini, after leaving the company, was co-CEO of Restoration Hardware until 2014, and a Director on the Board of Restoration Hardware from 2010 until the present. From 2014 until the present, Alberini has been the chairman and CEO of Lucky Brand.

Guess J Balvin

“I am very excited to have Carlos coming back as CEO at Guess,” said Maurice Marciano, chairman of the board. “He was instrumental in building the international business in Europe and Asia during his 10-year tenure with the company.”

The company also announced that, at the request of the board of directors, Paul Marciano has agreed to remain as chief creative officer. His employment will be “at will”.

During the transition, Maurice Marciano will be acting as interim chief executive officer.