Men’s Wearhouse vice chairman David Edwab announced that he will retire from his executive position with the company but remain vice chairman.
Edwab, 59, joined the company in 1991 as CFO and became chief operating officer in 1993. He was named president in 1997 and left three years later to join Bear, Stearns & Co. while becoming vice chairman of the Men’s Wearhouse board of directors. He came back to Men’s Wearhouse in 2002.
“Our company has been very fortunate to have had the benefit of David’s insight and guidance for over thirty years,” said CEO Doug Ewert in a statement. “David’s career in the retail industry has spanned approximately 40 years serving in both financial and operational positions. He first began working with Men’s Wearhouse as the independent audit partner in 1983, and was instrumental after joining the company in launching our initial public offering in 1992. As part of the senior management team since 1991, David has helped build our brand and played a very significant role in developing the company’s growth strategy. David has been a partner and confidant to many members of the management team throughout his career having served as chief financial officer, chief operating officer, president and vice chairman of our company. We are all appreciative for his mentorship and leadership.”
Edwab added, “I am grateful to have had a wonderful and fulfilling career that has provided tremendous opportunities to so many people. I’ve had the privilege of being surrounded by a great group of men and women, who have worked tirelessly to grow our business into an industry leader in men’s retail. For me, the time is right to shift my attention to family and other personal interests. I will always be available to support the management team if called upon and firmly believe they will confidently lead the business into its next phase of growth and success.”