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Article: Grosfeld quitting Sure Fit.(News)(Resignations)(Brief Article)

Article from:
Home Textiles Today
Article date:
December 20, 2004
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NEW YORK -- After four mouths spent dividing his time between his own business in Miami and serving as CEO of Sure Fit, based here, Salo Grosfeld is planning to step down from the latter position.

Grosfeld took the helm at Sure Fit in mid-August when the company was acquired out of bankruptcy by New York-based investment firm D.E. Shaw. Shaw does not hold any stake in Grosfeld's business, J.R. United. Grosfeld holds no stake in either Sure Fit or Shaw.

Grosfeld will remain at Sure Fit through the end of January.

Grosfeld told HTT he made the decision to step down as CEO of Sure Fit during a family trip to Disney World in Florida late last month. ...

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