Ben Sherman chief executive and creative director Mark Maidment has left the business following its sale to US firm Marquee Brands in July.
Maidment has worked at Ben Sherman for 13 years and took over as chief executive in April 2013.
“With Mark’s honest, focused approach and respectful philosophy, he has taken Ben Sherman to the level which encompasses the brands inherent DNA and rich heritage whilst being at the forefront of the brand’s button up culture,” said a company spokeswoman.
Marquee Brands, which bought the business from US private equity firm Oxford Industries for £41m on July 20, thanked Maidment for his leadership in reinvigorating the Ben Sherman brand.
Maidment told Drapers: “I have been with Ben Sherman for a long time, but it became clear that it was time for the new guys to have a go; it’s a completely amicable decision. Marquee are really passionate about the brand; they’re not making any knee-jerk decisions. This brand needs the next move to be the right one and I wish them all the best.”
On his next steps, he said: “There will be a smooth transition for the next month or so and then a well-deserved break. I’ll see what develops from there.”
Simon Smith, who was appointed last week as chief restructuring officer, will act as interim chief executive.
Mark Williams has been promoted from design director to creative director.
Ben Sherman’s chief operating officer and group finance director Lindsay Dunsmuir resigned at the end of July and has been replaced by turnaround specialist Neil Sharma-Burford in the role of chief operating officer.