True Religion (TRLG) says that founder, Chairman and CEO Jeff Lubell has decided to step down....

|About: True Religion Apparel, Inc. (TRLG)|By:, SA News Editor

True Religion (TRLG) says that founder, Chairman and CEO Jeff Lubell has decided to step down. He's agreed to serve as Chairman Emeritus and a creative consultant to the company for a period of two years. The board appoints its President, Lynne Koplin, to serve as interim CEO. It's also formed a special committee of non-management directors and hired financial and legal advisors to evaluate possible strategic alternatives. Shares +3% AH.