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Oxford Industries CEO Lanier to Retire

October 9,2012

CAP Member, Oxford Industries, announced that J. Hicks Lanier has informed the company's board of directors that he plans to retire as chief executive officer effective as of December 31, 2012. Lanier will continue to serve as chairman of the board following his retirement as CEO. The company also announced that its board of directors has elected Thomas C. Chubb III, Oxford's president and a current member of the board, to serve as CEO and president effective January 1, 2013.

-Courtesy, Yahoo! Finance