Vince Holding Corp. announced that CEO Jill Granoff has resigned from the company. Granoff will remain CEO through a transition period, as Board Chairman Marc Leder leads the search for a replacement.

As part of the reorganization, the company also announced that it has hired Livia Lee to drive the company’s merchandise strategy as the new senior vice president of merchandising. Lee has experience with multiple fashion brands including Lacoste, Diesel, Ralph Lauren, Victoria’s Secret and Gap.

Lee’s experience has included women’s and men’s apparel, retail and wholesale distribution, and work in U.S. and international markets. As part of this hiring, the company has reorganized the operational reporting structure, with Lee overseeing merchandising for men’s and women’s apparel, accessories, retail and e-commerce merchandising as well as visual merchandising.

In a statement, Leder said, “Livia’s proven track record and success in merchandising at well regarded brands makes her precisely the right choice for this critical role. On behalf of the entire team, we welcome her aboard and look forward to her immediate impact on the brand.”

In addition, Karin Gregersen, president and chief creative officer, has decided to leave the company, and the company does not intend to fill her position at this time.

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