Levi's new Hire
Levi Strauss & Co. has replaced outgoing chief financial officer William B. Chiasson with Jim Fogarty, who will serve as an interim chief financial officer. Fogarty is the managing director of Alvarez & Marshal, a consulting firm that has been retained by the San Francisco–based jeans giant. Fogarty previously served as chief financial officer of The Warnaco Group Inc. Levi’s, which has been struggling with lagging sales in recent years, gave no reason for Chiasson’s departure.
