Focusing on bringing value to tailored clothing, Zimmer, 62, built the company to more than 1,200 stores in the U.S. and Canada under three distinct banners: Men's Wearhouse, Moore's and K&G. To the public, he is best known for his role in the retailer's television commercials, marked by his tagline, "You're going to like the way you look. I guarantee it." He will continue as chairman and the public face of the chain.
Mr. Ewert joined Men's Wearhouse in 1995 when the retailer had 278 stores. In 1999, he became vice president of merchandising and, in 2001 became executive vice president and general merchandise manager of all retail brands. He became chief operating officer in 2005, and added the president's title in 2008. The chief operating officer position will not be filled.
Mr. Zimmer said in the statement, "For the past 37 years, I have emphasized that continuity and culture are a vital part of our ability to serve customers. This orderly approach is designed to enhance both continuity and culture. I have worked very closely with Doug for over a decade and anticipate that we will continue to work closely together on a smooth transition during the coming year and beyond."
The company noted that the change comes as Men's Wearhouse was named to this year's Fortune 100 Best Companies to Work For list.
In an interview with the Houston Business Journal, Mr. Zimmer added, "I have said to my own people over the decades that I would like the company to survive at least 100 years. That means it has to go way beyond me and my family. I've been doing this almost 38 years, and Doug is 15 years younger than I am. I actually have my eye on Doug's replacement, but only very faintly, because I want him to make that call."