Allen Gant Jr., the president and CEO of Glen Raven Inc., will step down from his position and be succeeded by Leib Oehmig, president of Glen Raven Fabrics LLC. For the next four years, Oehmig will work closely with Gant, culminating in his new leadership role.
Oehmig will be working with Gant and the executive committee in setting business strategies, including plans for succession of executive leadership at Glen Raven.
"I am so extremely excited to have the talent inside the company to continue to grow and prosper and not have to go outside to find that talent," Gant told The Business Journal.
Gant, 66, has led the textile giant for 14 years. He will continue as chairman of the board of Glen Raven Inc.