American Apparel board votes to fire CEO

The sign outside an American Apparel store is shown in this photo provided by PRNewsfoto.

American Apparel's board of directors voted Wednesday to remove founder Dov Charney as chairman and signaled their intent to fire the president and chief executive.

Charney, who founded the Los Angeles-based clothing chain, has been the subject of several lawsuits alleging sexual misconduct with employees. His termination is expected to be effective after a 30-day period required under his employment agreement.

Executive Vice President and Chief Financial Officer John Luttrell was appointed as interim CEO. Luttrell has previously held executive positions at Old Navy, The Wet Seal and Cost Plus.

Allan Mayer and David Danziger are expected to replace Charney as chairman on the board.

The Associated Press contributed to this report.

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