Peter Cuneo assumes Executive Chairman’s role at Iconix

Iconix Brand Group has said in a statement that current chairman of the board, Peter Cuneo, will assume the role of executive chairman, effective immediately. The company added that as Executive Chairman, Cuneo will be focused on evaluating strategic opportunities, overseeing the financial and legal functions and working towards stabilizing the company's balance sheet. Meanwhile, John Haugh will continue to serve as the company's Chief Executive Officer and will remain focused on the core licensing and brand management functions.