This Single Mom Went From Partner to GC to CEO
Bloomberg Law describes how Chelsea Grayson went from being a high-powered M&A partner at Jones Day to general counsel of clothing brand American Apparel and then stepped in as CEO.
“As GC, Grayson saw the company through its chapter 11 bankruptcy and helped engineer the debt for stock swap that transformed American Apparel from a public company to private one owned by hedge funds,” writes Gabe Friedman.
Her career at American Apparel began as general counsel in 2014. The next year she became chief administrative officer and defended the company against founder and ousted CEO Dov Charney’s litigation to regain control of the company. She took over the CEO role in September.
The article includes a question-and-answer transcript about her goals, preparation, learning the business, and handling the high-pressure job as a single mother.
