While George Zimmer was able to guarantee the likeability of the suits at Men’s Wearhouse, he wasn’t able to guarantee his job as the Executive Chairman. The retailer announced his termination this week.
Zimmer, who was the face of Men’s Wearhouse and responsible for the commercial catchphrase “You’re going to like the way you look, I guarantee it,” opened the first brick-and-mortar store in 1973. He also appears in countless television and radio ads for the company and even had a section on its ecommerce site entitled “Ask George,” which was still active after the announcement.
Here is Zimmer in action for a Men’s Wearhouse commercial:
In a press release issued by Men’s Wearhouse, the company said it was planning on discussing the conditions of his termination with Zimmer and postpone its Annual Meeting of Shareholders.
Read the full release below :
Annual Meeting Postponed FREMONT, Calif., June 19, 2013 /PRNewswire/ — The Board of Directors of Men’s Wearhouse (NYSE: MW) today announced that it has terminated George Zimmer from his position as Executive Chairman. The Board expects to discuss with Mr. Zimmer the extent, if any, and terms…