Lathi to Run Daily Operations at Tailored Brands After Ewert’s Departure

Executive board chairman Dinesh Lathi will take over the day-to-day operation of Tailored Brands when Doug Ewert retires as chief executive officer at the end of the month.
The news was revealed during the company’s second-quarter earnings call Wednesday afternoon. Lathi was not named interim ceo, as industry sources had speculated, but will continue to hold his board title while the company conducts “a comprehensive search” for a replacement.
“I am honored and excited to lead the team during the transition process,” Lathi said on the call. “The board has begun a comprehensive search for a new ceo. Our top priority is identifying the best person to lead the company. The board will move forward thoughtfully and will take the time it needs to find the right leader for Tailored Brands.”
He said that when he steps up into the operational role in a few weeks he will be “focused on working with the executive team to accelerate the pace of execution and innovation and our core growth strategies of meeting consumers’ demand for personalization by growing our custom business, strengthening our brands through transformative marketing campaigns, and enhancing our omnichannel capabilities to deliver a superior shopping experience.”
Lathi, 47, is the former ceo of

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