Iconix Board Appoints Robert Galvin As CEO - Quick Facts

(RTTNews) - Iconix Brand Group, Inc. (ICON) announced its Board has appointed Robert Galvin as Chief Executive Officer, President and a member of the Board, effective October 15, 2018. Galvin was most recently Chairman of Cherokee Inc., and has served as Chief Operating Officer and European President of Sports Brands International Ltd., Chief Executive Officer of Elie Tahari, Ltd. and President of Camuto Group.

Iconix Brand said, as an inducement, Galvin will be granted a number of restricted stock units equal to the number of the company's common shares with a fair market value on the date of grant of $500 thousand and a number of performance stock units equal to the number of the company's common shares with a fair market value on the date of grant of $500 thousand.