Both

“While we had launched a search for a CEO successor last year, we ultimately determined there was more to be gained by maintaining continuity in the leadership team and allowing this team to realize the full value of the careful planning and reorganization they completed over the past year,” said board chairman Paul Soldatos. 

“Bob and Peter are exceptionally qualified leaders with the deep expertise needed to continue advancing the Company’s progress. We are confident Tailored Brands has the right plan—and the right team—in place and look forward to seeing the results they will deliver.”

Meanwhile, Tighe served as president of Peerless Clothing, the largest manufacturer of men’s and boys’ tailored clothing in North America. Prior to Peerless, he served as the chief merchant and EVP at J.C. Penney.

In his role as president at Tailored brands, Tighe will continue to have end-to-end accountability for merchandising, marketing, e-commerce, rental, planning and allocation across the Men’s Wearhouse, Jos. A. BankJoseph Abboud

Hull and Sachse commented on the promotion: “We are extremely fortunate to have John on our team as we move into this next phase of our company’s growth strategy. He brings a holistic view of the product lifecycle and how best to exceed customer expectations from procurement to cart—and everywhere in between. We are thrilled to see him take on additional scope and progress in his career.”