Traffic Exchange

Jun 19, 2013

Men's Warehouse Zimmer: Board Ousts George Zimmer From Men's Warehouse

Men's Warehouse Zimmer, The Board of Directors of Men's Wearhouse on Wednesday said it ousted the face and voice of the company - George Zimmer - from his position as executive chairman, without stating why.

In a statement, the board said it “expects to discuss with Mr. Zimmer the extent, if any, and terms of his ongoing relationship with the Company.”

In light of Zimmer's termination, the Fremont-based company also announced that it is postponing its annual meeting of shareholders, which had originally been scheduled for Thursday. The purpose of the delay, the board said, is to re-nominate the existing slate of directors without him.

Many know Zimmer from years of commercials where he repeated the same slogan in his folksy voice: “You’re going like the way you look. I guarantee it.” Read more