Lands' End, Inc. has appointed Charlie Cole as its new Chief Executive Officer and a member of the Board of Directors, effective July 13, 2026. Andrew McLean will step down as CEO and resign from the Board on the same date. Charlie Cole brings over two decades of experience in digital commerce, technology, AI, and omnichannel retail, with previous leadership roles at Thuma, XGen AI, Tribute Technology, FTD, TUMI, and Samsonite. Cole's compensation package includes an annual base salary of $1,100,000, a target bonus of 125% of base salary, a $550,000 cash signing bonus, and equity awards valued at $1,250,000 in restricted stock units and $1,250,000 in stock options. Andrew McLean will remain with the company in a non-officer capacity until September 11, 2026, and will receive severance benefits equivalent to a termination without cause, including a pro-rata bonus, cash severance equal to two times his base salary plus average prior two years' bonus, continued health insurance for up to 24 months, and outplacement services. McLean will also receive accelerated vesting of 25% of his April 4, 2025, RSUs and his unvested performance-vesting cash award granted on March 13, 2026.