Gant appoints new CEO

Gant rearranges its helm. The company has appointed Patrik Söderström as new chief executive offiecer starting February 1 of next year. The executive until now held the position of vice president of global markets and sales.

“Söderström has been a key player in the global management team and I am happy to appoint him as chief executive officer,” stated Thierry Guibert, chairman of the board of Gant in a press release.

The appointment of Söderström comes after Brien Grevy, current chief executive officer of the company, announced his resignation last October to return to German sportswear Adidas. Söderström joined Gant in 2016, after holding the position of general manager of Luxottica for northern Europe. Prior to that, he had positions in Reebok and Levi Strauss.

Gant was founded in 1949 by Bernard Gantmacher and his children Marty and Elliot. The company has 600 directly operated stores in seventy markets around the world, in addition to having a presence in 4,000 multibrand stores and corners in department stores. The company’s revenue is around 1 billion dollars.