Article: ZETCHER TO BECOME CHAIRMAN AT TALBOTS.(Brief Article)

Article from:
WWD
Article date:
April 12, 2000
Copyright

HINGHAM, Mass. -- The Talbots Inc., based here, said Tuesday Takuya Okada will retire as chairman at the chain's annual meeting May 25 and will be succeeded by Arnold Zetcher, who will also continue as president and chief executive officer.

Okada, 74, also plans to retire in May as chairman and ceo of Jusco Co. Ltd., which is Talbots' majority shareholder, and become honorary chairman and adviser at Jusco. He has been a member of Talbots' board since 1988.

In addition, Eiji Akiyama will retire from Talbots' board, having recently retired from his role as Jusco's executive vice chairman. "Chairman Okada's unique management philosophy of `autonomy with ...

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