Guess Honcho Paul Marciano Resigns After $500k Settlements

Paul Marciano

Resigns from Guess Board …

Company Pays $500k to Accusers

6/12/2018 3:11 PM PDT

Paul Marciano is stepping down as executive chairman at Guess after his company forked over $500,000 to 5 people who accused him of sexual harassment.

According to documents filed by Guess, Marciano resigned on Monday … although the company will keep him on as Chief Creative Officer until January in order to make a smooth transition to a successor. He will receive his full pay until then, according to the…

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