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Here's what the new CEO of Men's Wearhouse's parent co. will earn

Chris Mathews
Here's what the new CEO of Men's Wearhouse's parent co. will earn

Houston-based Tailored Brands Inc. (NYSE: TLRD), the parent company of Men’s Wearhouse, will pay its new president and CEO a $1 million salary.  Dinesh Lathi was named president and CEO of Tailored Brands in late March, according filings with the U.S. Securities and Exchange Commission. Lathi, formerly a non-executive chairman of the board, was named executive chairman of Tailored Brands in conjunction with former CEO Doug Ewert's retirement in late September 2018. Around the same time, former President and COO Bruce Thorn left the company to become CEO of Columbus, Ohio-based discount retailer Big Lots Inc. (NYSE: BIG).