Hicks Lanier to retire as Chairman of Oxford board

Oxford Industries said that after more than a half century of service to the company, Chairman J. Hicks Lanier is retiring from its board of directors when his current term expires at the annual shareholders meeting on June 17. Pursuant to the board of directors' succession plan, the company expects Thomas C. Chubb III, Oxford's CEO and President and a current board member, to succeed Lanier as Chairman.

"Hicks' tenure at Oxford has been truly remarkable," said E. Jenner Wood III, Presiding Director of Oxford's board of directors, adding, "He expertly navigated the company through times of challenge and change. It was Hicks who conceived and executed Oxford's fundamental strategy to migrate from its historical roots as a private label manufacturer to what it is now."

"I have had the privilege of being part of this wonderful company for the past 51 years," added Lanier and said, "I couldn't be more delighted with Tom succeeding me as Chairman. Tom has served as our CEO since my retirement from that position in 2012, and a great deal of Oxford's success is attributable to his leadership, his vision, and his countless other contributions during his 25 years with the company."