The Board of Directors of Iconix Brand Group, Inc. announced that Neil Cole is resigning as Chief Executive Officer, Chairman and President and as a member of the Board of Directors to pursue other opportunities. He will serve as a special advisor to the company through September 30, 2015. Peter Cuneo has been appointed Chairman of the Board and Interim CEO.

Mr. Cuneo has served on Iconix's Board since October 2006 and previously was the President and Chief Executive Officer of Marvel Entertainment. The Board said that it has formed a search committee to evaluate candidates to serve as the company's next CEO and will be engaging a executive search firm to assist in the process. Mr. Cuneo is currently the Managing Principal of Cuneo & Company, LLC.

Mr. Cuneo currently sits on the Board of the Foundation for The National Archives Foundation in Washington, DC as Co-Head of the Development Committee. In connection with becoming the Company's Interim Chief Executive Officer, the Board removed Mr. Cuneo from his positions as the Chair of the Audit Committee and as a member of the Compensation Committee. The Board appointed Ms. Sue Gove, a member of the Board, to replace Mr. Cuneo as Chair of the Audit Committee and as a member of the Compensation Committee.

Additionally, Mr. Drew Cohen, a current director of the Company, has been named the Lead Independent Director of the Company's Board.