PAUL ROSENGARD RESIGNS AS CEO OF BOSTON TRADERS

Menswear industry veteran Paul Rosengard has resigned his position as CEO of Montreal-based apparel company DDK and Boston Traders.

After two years together, my partner Hershey Gold and I have decided that it is in our mutual best interests to go our separate ways,” Rosengard stated in an e-mail sent to key retail contacts. “I am proud of what we have accomplished, specifically the successful relaunching of Boston Traders. I am confident that, under the talented design direction of Anthony Caputo, this momentum will continue.”

Rosengard, reached on the first tee at Westchester Country Club today, said his only immediate plan is to take advantage of the unseasonably warm weather which is bad for outerwear sales but good for his golf game.

“Being a sitting CEO was a great experience, even at a smaller company than what I was used to, and further positions me toward my goal of running a larger company with more resources,” he told MR. “I look forward to my next opportunity wherein I can combine the best of what I’ve learned from my most recent positions. Specifically, I want to meld a big company structure and strategic approach with the more entrepreneurial an opportunistic spirit of a smaller company. By leveraging these two skill sets, I believe I can add the most value to a midsize company looking to catapult itself to the next level.”

Prior to joining DDK and Boston Traders, Rosengard spent 18 years at Randa Accessories before he joined Perry Ellis International in 2005 as group president of its Premium Brands division. He left PEI in late 2009 and in early 2010 he became president of men’s apparel at LF USA, a division of Li & Fung.