American Eagle Outfitters, Inc. announced that Jay L. Schottenstein, Executive Chairman of the Board, has been appointed as the company's Interim Chief Executive Officer, effective immediately, succeeding Robert Hanson, who is leaving the Company. The Board will initiate a search for a permanent Chief Executive Officer. Roger S. Markfield has agreed to postpone his retirement and will continue in his current role as Vice Chairman and Executive Creative Director.

Jay Schottenstein has served as Executive Chairman since the beginning of fiscal 2012 and as Chairman of the Company since March 1992, and previously held the role of Chief Executive Officer from March 1992 until December 2002. Roger Markfield joined the Company in 1993 and has provided the creative vision for American Eagle Outfitters since that time. He oversaw the evolution to a leading lifestyle apparel brand through its most profitable years.

In addition, Mr. Markfield has served as a Director since 1999.