Next Level Apparel, Gardena, Calif., has announced that Joe Simsoly, founder and chief executive officer, will retire as CEO, effective August 8.
In November 2020, the board of managers recruited and appointed Randy Hales as Next Level’s co-CEO as part of a 2018 succession plan.
“Joe has been a very hands-on founder and leader; his influence has been significant in every aspect of Next Level as he built the company from the ground up,” Randy Hales, Next Level co-CEO. “The foundation he built will serve as a strategic platform to build on for a very long time. On behalf of the entire company, customers, colleagues, and friends of Next Level, I want to thank Joe for his countless contributions to the business and industry as a whole.”
Simsoly will continue to serve on Next Level’s board of managers and will remain a significant shareholder in the business. Next Level is the fifth company in which Hales has served as the CEO.
“It has been an honor to watch Next Level become an industry leader,” says Simsoly. “I’m confident that the company will continue to grow and innovate under Randy’s leadership. He has deep knowledge of our company and has been a valued partner to me and the senior management team.” — D.S.
