Iconix Brand Group, Inc. announced that current Chairman of the Board, Peter Cuneo, will assume the role of Executive Chairman of the Board of Directors, effective immediately. As Executive Chairman, Mr. Cuneo will be focused on evaluating strategic opportunities, overseeing the financial and legal functions and working towards stabilizing the company's balance sheet. John Haugh will continue to serve as the company's Chief Executive Officer and will remain focused on the core licensing and brand management functions. Mr. Cuneo has served on Iconix' Board since October 2006 and previously held the position of Interim Chief Executive Officer from August 2015 to April 2016. Peter Cuneo is a recognized leader in business turnarounds. Since 1983, he has completed seven turnarounds of distressed branded businesses in the global entertainment and consumer products sectors. He is an expert in media and IP related industries.