The Cofounder and Chief Brand Officer Will Remain a Board Member and Shareholder
Marcus Wainwright, who cofounded Rag & Bone with David Neville in 2002, is stepping down as chief brand officer. His departure will come at the end of the month, after which he will remain a shareholder and board member at the company.
The creative duties for the brand will be shared between two of its longtime employees: Jennie McCormick, chief merchandising and design officer, who will oversee womenswear, footwear and accessories, and Kyle Sweeney, senior vice president of men’s design and merchandising. The wider management team, which includes chief operating officer Nicolas Vermot, chief people officer Rebecca Seidenstein, and chief commercial officer Benjamin Harris, will remain in place.
In addition to founding the brand and handling creative, Wainwright served as co-CEO alongside Neville until 2016, when Neville left the company and Wainwright took over as sole CEO until 2018, after which time he pivoted to his current role.
In a statement on his departure, Wainwright shared, “I arrived in New York in 2001 with nothing but a backpack and no idea what to do with my life. Rag & Bone began 21 years ago, and after 84 seasons, 168 collections, a completely wild ride and some of the greatest experiences imaginable, I’ve earned a bit of a break. I am incredibly proud of this brand, all it stands for and everything it has become. I am also beyond grateful to our amazing team and every single person who has contributed so much along the way. I leave in place a passionate and supremely talented group of people, who I know will continue building the company that will forever be a massive part of my life.”
