NACD Board Leadership Conference NACD Chapter System

A Conversation with American Apparel CEO, Chelsea Grayson

February 21, 2017
Los Angeles, CA



This program is a fireside chat with Chelsea Grayson, CEO of American Apparel, the Los Angeles-based apparel company founded in 1989 that grew to be a $600 million publicly traded company and a well recognized brand turnaround.  Ms. Grayson took over in October 2016, having been General Counsel and Chief Administrative Officer. Dr.  Larry Taylor will engage Ms. Grayson in a spirited discussion about the lessons learned from corporate bankruptcy, corporate turnarounds and the American Apparel story.

Location and Time


The California Club
538 S. Flower Street
Los Angeles, CA 90071

11:00 a.m. - Check in / Networking

11:30 a.m. - 1:15 p.m Lunch / Program


Speaker Spotlight


Chelsea Grayson

Chelsea A. Grayson is the Chief Executive Officer of American Apparel (previously NYSE MKT: APP). She also serves on the Company’s Board of Directors. Grayson is a well-recognized turnaround strategist and is known for her leadership and innovation under the most difficult of circumstances. At American Apparel, Grayson brought direction and structure to a financially stressed, chaotic organization. She successfully sold the Company to Gildan Activewear Inc. (TSX:GIL) (NYSE:GIL), a transaction that is set to close in early 2017. Previously, Grayson was an Executive Vice President at American Apparel. She served for two years as Chief Administrative Officer and General Counsel, and in those capacities, she oversaw the Legal Department, the Human Resources Department, the Environmental, Health & Safety Department and the Risk Management/Asset Protection Department. She also managed investor and corporate public relations for the Company and acted as the Corporate Secretary for the Company’s Board of Directors. Prior to joining American Apparel, Grayson spent 16 years in private practice as a corporate attorney with the law firms of Jones Day and Loeb & Loeb LLP, where she was a partner in the Mergers & Acquisitions groups of both firms, focusing on corporate governance and healthy and distressed domestic and cross-border M&A. Ms. Grayson is a Board Leadership Fellow and a Corporate Governance Fellow of the National Association of Corporate Directors (NACD). While in private practice, Ms. Grayson chaired the Jones Day Los Angeles Corporate Group and co-chaired the Jones Day California Future Markets Task Force. She also chaired the Jones Day Los Angeles New Lawyers Group, in connection with which, among other things, she actively mentored, and developed a formal training program for, young lawyers. Ms. Grayson also served on the Board of the Legal Division of the American Jewish Federation. Prior to entering private practice, Ms. Grayson served a federal judicial clerkship for The Honorable Samuel L. Bufford, in the United States Bankruptcy Court Central District (Central District of California). She also served at Public Counsel, the largest pro bono public interest law firm in the world, in the Homelessness Prevention Law section. Grayson is the recipient of an In-House Impact Award from The Recorder (The American Lawyer), she is the recipient of the 40 Under 40 Recognition Award from the M&A Advisor (2011), she was named one of “L.A.’s Top 40 Dealmakers” in the Los Angeles Business Journal “Who’s Who in L.A. Law” (2011) and she is named in “The Legal 500 US in M&A: Middle Market”.

Larry Taylor

Larry Taylor is a seasoned independent professional corporate director having served on publicly traded corporate boards, private company boards, non-profit boards and corporate advisory boards. Currently is an executive committee member on the board of directors for the National Association of Corporate Directors (SoCal); chairman of the board for The Creighton Group, an international corporate governance advisory firm and a member of the board of directors for the African American Board Leadership Institute. In addition, he has served as the Honorary Director General for the Institute of Directors (India) and was a member of the International Corporate Directors Network (ICGN) whose members oversee $26 trillion of corporate investments. Previously, Larry was the co-founder and chief financial officer (CFO) of OBN Holdings, a publicly traded entertainment corporation; chief executive officer (CEO) of TCG, an international environmental management consulting firm; a manufacturing consulting manager for Ernst & Young; and the Principal-in-Charge of the Productivity Improvement Consulting practice for Deloitte & Touche. Larry was a manufacturing executive with General Motors (automotive) and Norris Industries (aerospace) prior to entering the consulting, auditing and corporate governance industries. As a management consultant, he conducted hundreds of management audits and consulting engagements for commercial, government and not-for-profit organizations in numerous countries. As a lead environmental auditor, he served on the Technical Advisory Group committee that wrote the ISO 14001 international environmental management standard and authored an IEMA-accredited lead auditor environmental management training program for India and the Asian markets. As an educator and speaker, Larry was an adjunct professor of management at California State University and the Asian Institute of Technology. Further, he was a guest lecturer or featured speaker at several universities, corporate retreats and international conferences. Larry holds a PhD. in Executive Management from the Peter Drucker School of Management at Claremont University, a master’s degree in Business Administration from Pepperdine University and a bachelor’s degree in Industrial Administration from General Motors Institute. He is a Board Leadership fellow with the U.S. National Association of Corporate Directors (NACD). He was a lead EMS auditor (ISO). He has held “fellow” status with Institute of Industrial Engineers (IIE), the American Production and Inventory Control Society (APICS) and the International Environment Management Association (IEMA). Finally, he earned certificates from the Global Reporting Initiative (GRI), and the University of Southern California Certified Public Accountant (CPA) program. He is the author of “The New Breed of Independent Corporate Directors” (2014), “Private Sector Praises” (2015) and “Enhancing the Tone-at-the-Bottom” (2016).



Question about this Event?

Please contact Anne Ettley
Southern California Chapter

409 N. Pacific Coast Hwy., #565

Redondo Beach, CA, 90277

phone: 310-817-0432