---
title: "Childrens Place names Muhammad Asif Seemab President and Interim CEO as Muhammad Umair resigns CEO role"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291975510.md"
description: "Childrens Place appointed Muhammad Asif Seemab as President and Interim CEO, effective July 6, 2026. He succeeds Muhammad Umair, who resigned from his President and CEO roles but remains on the Board. Umair's resignation was not due to disagreements with the company. Seemab brings extensive financial experience, including prior roles at Ernst & Young and Mithaq Holding."
datetime: "2026-07-07T20:33:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291975510.md)
  - [en](https://longbridge.com/en/news/291975510.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291975510.md)
generator: "portal-rs"
---

# Childrens Place names Muhammad Asif Seemab President and Interim CEO as Muhammad Umair resigns CEO role

**Childrens Place appointed Muhammad Asif Seemab as President and Interim Chief Executive Officer, succeeding Muhammad Umair who resigned as President and CEO but will remain on the Board.**

Individual

Muhammad Asif Seemab

Muhammad Umair

Role

President and Interim Chief Executive Officer; Board member; Executive Vice Chairman (prior)

President and Chief Executive Officer (resigned from these roles); Board member

Type of Change

Appointed

Resigned (from President and CEO roles)

Effective Date

July 6, 2026

July 6, 2026

Reason

Not disclosed

Resignation not due to disagreement with the Company on any matter relating to operations, policies, or practices

Replacement Info

N/A

Succeeded by Muhammad Asif Seemab

Background Details

Age 43; Managing Director of Mithaq Holding Company; prior roles at MASIC, Allied Bank, Punjab Pension Fund, Ernst & Young; BCom; Chartered Accountant; serves on multiple boards and committees

Ongoing negotiations regarding a new role and potential compensation adjustments; will remain a Board member

Board/Committee Role Changes

Resigned as Chair of Human Capital & Compensation Committee and as member of Corporate Responsibility, Sustainability & Governance Committee; committees reconstituted

Not disclosed

Original SEC Filing: Childrens Place, Inc. \[ PLCE \] - 8-K - Jul. 07, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**