Lands' End Appoints Charlie Cole as New CEO
Lands' End, Inc. announced the appointment of Charlie Cole as its new Chief Executive Officer and a member of the Board of Directors, effective July 13, 2026. Concurrently, Andrew McLean will step down as CEO and resign from the Board on the same date. Mr. Cole brings over two decades of experience in digital commerce, technology, and omnichannel retail, with previous leadership roles at Thuma, XGen AI, and FTD. His compensation package includes an annual base salary of $1,100,000, a target annual bonus of 125% of his base salary, a $550,000 cash signing bonus, and equity awards totaling $2,500,000.
Key Highlights
- Charlie Cole appointed Chief Executive Officer and Board member, effective July 13, 2026.
- Andrew McLean will cease to serve as CEO and resign from the Board, effective July 13, 2026.
- Mr. Cole's annual base salary set at $1,100,000.
- Mr. Cole's target annual bonus opportunity is 125% of his base salary.
- Mr. Cole to receive a $550,000 cash signing bonus.
- Mr. Cole granted $1,250,000 in restricted stock units and $1,250,000 in stock options.
- Mr. Cole's annual target long-term incentive award opportunity will be no less than $3,025,000 starting fiscal year 2027.
Price Impact
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