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American Apparel president Tom Casey quits

American Apparel

American Apparel Credit: Getty Images

Tom Casey resigned as acting president of American Apparel two months shy of the completion of his 15-month contract with the company, according to reports. CEO Dov Charney did not give an explanation for Casey's departure and declined to say whether he would be replaced. Casey reportedly will be paid his $400,000 salary for the next year. 

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