Zac Posen's Mother Will Be Stepping Down As CEO Of His Company

Designer Zac Posen’s mother, was fired will be stepping down from her role as CEO of her son’s fashion house to “pursue other interests”.“It has been nearly 10 years since Zac and I founded Zac Posen,” Susan Posen, who will continue to serve in her role as chair of the board, said yesterday by email. (He should have fired her a long time ago. Zac has an amazing fashion house but has nothing to show for it).

Susan Davidson, the CEO of Scoop NYC, a sister company of Ron Burkle’s, will take over as CEO of Zac Posen. The move comes on the heels of Yucaipa’s growing frustrations “with the lack of return on its Zac Posen investment and sought a change at the helm to steer the business in a new, more profitable direction.” Susan Posen said.