Paul Marciano Resigns as Guess Executive Chairman After Investigation

Read on: TheWrapTheWrap.

Guess co-founder Paul Marciano has resigned as executive chairman of the company’s board, following an investigation into multiple accusations of inappropriate behavior against him.

The company said in an SEC report filed Tuesday that Marciano notified the Board of his decision to resign, though he will remain on the Board, Guess said.

Guess also said that it has settled with five of Marciano’s accusers, for a total amount of $500,000.

Also Read: Guess Co-Founder Paul Marciano Steps Away From His Duties During Misconduct Investigation

According to Guess, Marciano will fulfill the remainder of his employment contract, which expires on January 30, 2019. Marciano “will fulfill his duties and responsibilities through the expiration of his employment agreement to effect a smooth transfer of responsibilities of his role as Chief Creative Officer.” While he will receive his salary from the period from June 11, 2018 until January 30, 2019, his salary from February 20, 2018 until June 11 was forfeited.

“Allegations against Mr. Marciano included claims of inappropriate comments and texts, and unwanted advances including kissing and groping. Investigators interviewed more than 40 people and reviewed approximately 1.5 million pages of documents, including emails, human resources and legal department files, social media messages, video and audio recordings, photographs, travel itineraries, calendar entries, agreements, invoices and financial records. Many of the allegations could not be corroborated. In some cases, no conclusion could be reached because the individuals either declined to be interviewed or provided insufficient information to the investigators,” Guess said. “And, in other cases, the investigation found that credible accounts were given by both sides. The investigation found that on certain occasions Mr. Marciano exercised poor judgment in his communications with models and photographers and in placing himself in situations in which plausible allegations of improper conduct could, and did, arise.”

Also Read: Kate Upton Details Her Paul Marciano Accusations: Guess Co-Founder ‘Forcibly Grabbed My Breasts’

Among Marciano’s accusers was model Kate Upton, who told Time that Marciano once “forcibly grabbed my breasts” during a long campaign of harassment.

Upton told Time that after the first day of shooting her Guess Lingerie campaign in July 2010, Marciano “said he wanted to meet with me. As soon as I walked in with photographer Yu Tsai, Paul came straight up to me, forcibly grabbed my breasts and started feeling them — playing with them actually. After I pushed him away, he said,’I’m making sure they’re real.’”

In a statement issued Tuesday, attorney Lisa Bloom, who represents four of Marciano’s accusers, said that she is “pleased” that Marciano has resigned as executive chairman.

“And yet, much more remains to be done if Guess truly wants to be a brand that stands for respect for women,” Bloom added.

“We are disappointed that Mr. Marciano will remain on the board through 2019. We do not believe a man with so many credible accusations of sexual assault is fit to lead any company, much less one that sells primarily to women,” Bloom continued.

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Guess Co-Founder Paul Marciano Steps Away From His Duties During Misconduct Investigation

Read on: TheWrapTheWrap.

Guess co-founder Paul Marciano has stepped away from day-to-day duties with the company as it continues to investigate misconduct accusations against him.

In a press release Tuesday, Guess said, “The Board of Directors and Mr. Marciano have agreed that Mr. Marciano will relinquish his day to day responsibilities at the Company, on an unpaid basis, pending the completion of the investigation.”

The investigation is being conducted by the law firm O’Melveny & Myers. A special committee formed by the Guess board of directors is being represented by the law firm of Glaser Weil, LLP.

Also Read: Kate Upton Details Her Paul Marciano Accusations: Guess Co-Founder ‘Forcibly Grabbed My Breasts’

Marciano said that he has “pledged my full cooperation to the Company, and I have the utmost confidence in our CEO, Victor Herrero, to continue leading the Company during this time.”

Guess added that it “takes very seriously any allegations of sexual misconduct, is committed to maintaining a safe work environment, and looks forward to the completion of a thorough investigation of all the facts.”

Earlier this month, model and actress Kate Upton said that Marciano “forcibly grabbed by breasts” during a long campaign of harassment.

Also Read: Kate Upton Crawls In a Schoolgirl Outfit While Doing Britney on ‘Lip Sync Battle’ (Video)

Upton told Time that after the first day of shooting her Guess Lingerie campaign in July 2010, Marciano “said he wanted to meet with me. As soon as I walked in with photographer Yu Tsai, Paul came straight up to me, forcibly grabbed my breasts and started feeling them — playing with them actually. After I pushed him away, he said,’I’m making sure they’re real.’”

Marciano called the accusations “absolutely false” and “preposterous.”

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Kate Upton Details Her Paul Marciano Accusations: Guess Co-Founder ‘Forcibly Grabbed My Breasts’

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Kate Upton Accuses Guess Co-Founder Paul Marciano Of Harassment; “He Used His Power To Make Me Feel Insecure And Powerless”

Read on: Deadline.

Actress and model Kate Upton has accused Guess co-founder Paul Marciano of assaulting and harassing her when she was 18 and embarking on her first professional modeling campaign.
Upton told Time magazine that on the first day of a Guess Lingerie shoot in July 2010, she was accosted by Marciano and groped.
“Paul came straight up to me, forcibly grabbing my breasts and started feeling them,” Upton said. “After I pushed him away, he said, ‘I’m making sure they’re…

Kate Upton Details Her Paul Marciano Accusations: Guess Co-Founder ‘Forcibly Grabbed My Breasts’

Read on: TheWrapTheWrap.

After accusing Guess co-founder Paul Marciano of sexual misconduct last month in posts to her social media accounts, model-actress Kate Upton detailed her accusations in an interview published by Time on Wednesday, saying that Marciano once “forcibly grabbed by breasts” during a long campaign of harassment.

Upton told Time that after the first day of shooting her Guess Lingerie campaign in July 2010, Marciano “said he wanted to meet with me. As soon as I walked in with photographer Yu Tsai, Paul came straight up to me, forcibly grabbed my breasts and started feeling them — playing with them actually. After I pushed him away, he said,’I’m making sure they’re real.’”

Time said Yu Tsai corroborated Upton’s account, though Marciano called the accusations “absolutely false” and “preposterous.”

Also Read: Kate Upton Crawls In a Schoolgirl Outfit While Doing Britney on ‘Lip Sync Battle’ (Video)

Uptonn said Marciano told the photographer to leave the two of them alone, but that she was “able to send a quick text asking him to stay.”

“He did, but that did not stop Paul’s constant grabbing,” Upton told Time. “I was extremely shaken, surprised and scared.”

Upton said that, when she was shooting her next Guess shoot approximately a month later, Marciano “started calling me asking to come up and see how my [hotel] room is. I politely declined several times.”

Also Read: Kate Upton Shreds MLB Over Cy Young Vote: ‘I Thought I Was the Only Person Allowed to F-k Justin Verlander’

Eventually, Upton said, she “turned off my phone and locked the door and tried to get some sleep.”

The next day, Upton said, she learned that she had been fired from the shoot.

“Someone had called my agency to say I had gotten fat and would not be needed on set [that day],” Upton said. “I was devastated, especially because at this point no one from Guess had even seen me.”

Also Read: Ryan Seacrest E! Sexual Harassment Investigation Finds ‘Insufficient Evidence’

“I have never been alone with Kate Upton,” Marciano told Time. “I have never touched her inappropriately. Nor would I ever refer to a Guess model in such a derogatory manner.”

Marciano added, “I fully support the #metoo movement. At the same time, I will not allow others to defame me and tarnish my reputation. I have pledged to Guess and its Board of Directors my full support and cooperation with a fair and impartial investigation.”

Upton initially tweeted her accusations on Jan. 31, writing, “It’s disappointing that such an iconic women’s brand @GUESS is still empowering Paul Marciano as their creative director.”

In a subsequent Instagram post, Upton published an image of the tweet and a caption stating, “He shouldn’t be allowed to use his power in the industry to sexually and emotionally harass women #metoo.”

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