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The Tie Bar Names New CEO

Anand Shah was previously chief operating officer at Threadless.com and was a co-founder of Karmaloop.com.

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NEW TIE BAR CEO: Accessories maker The Tie Bar has named Anand Shah as chief executive officer, effective immediately. Shah was previously chief operating officer at Threadless.com and was a co-founder of Karmaloop.com. He takes over the ceo position at The Tie Bar from company founder Greg Shugar, who has assumed the role of chairman and creative director to focus on design and product development. Launched in 2004, Chicago-based The Tie Bar specializes in affordably priced, trend-driven men’s neckwear, tie bars, pocket squares and socks.