J.Crew Group says it is actively exploring strategic alternatives to maximise the value of the company, including a potential initial public offering (IPO) of its Madewell business, which, if pursued, could be completed as early as the second half of 2019.
J. Crew is exploring a potential initial public offering for its fastest growing brand Madewell, the company said in a release Thursday.
J.Crew Appoints Chad Leat as Chairman. Drexler to Continue to Serve as a Strategic Advisor to the Company.
The company said that its board of directors has now elected Chad Leat to succeed Drexler as Chairman, effective immediately. Leat has served as a director of J.Crew since January 2017. The company added that Drexler will continue to serve as a strategic advisor to the office of the CEO and the board.
Chad Leat, retired vice chairman of global banking at Citigroup, in March made a $1 million scholarship gift commitment in support of LGBTQ students at the University of Kansas.
Art collector Chad Leat’s apartment dazzles with sweeping views and blue-chip art
Light artist Keith Sonnier and trustee Chad Leat were honored at the annual benefit.
The event honored Trustee Chad Leat and Artist Keith Sonnier with honorary Co-Chairs Milly and Arne Glimcher and Fern and Lenard Tessler paying homage to their friends.
Chad Leat shares his passion for art with The Express Magazine.
Chad Leat’s Wall Street friends followed him to the Parrish Art Museum Saturday night to see him honored by CNN’s Don Lemon.
Hosted by the museum’s director, Terrie Sultan, the event honored Chad Leat (long-time supporter and trustee) and Keith Sonnier (who currently has exhibitions on view at the museum entitled “Keith Sonnier: Until Today” and “The Permanent Collection: Five and Forward”).
At its Midsummer Party this Saturday, July 14, the Parrish Art Museum will honor both artist Keith Sonnier, whose work is currently on display at the museum in Water Mill, and Chad Leat, a Parrish trustee who is a former Citibank vice chairman of global banking in addition to being a patron of the arts.
Working with architect Preston T. Phillips, Randy Kemper and Tony Ingrao of the design firm Ingrao Inc. created a sun-splashed, art-filled loft in Manhattan’s West Village for financier Chad Leat.
Chad Leat, a veteran Citigroup Inc. deal maker known for his golden Rolodex, is retiring from the company after 16 years.