Welcome to the 2016 Power 50 list, which ranks the most influential people in the industry.

#50: Chelsea Grayson, American Apparel (asi/35297)

2016 Rank: 50
2015 Rank: N/A

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Grayson replaces former CEO Paula Schneider, who resigned in October following an eventful two years at the highly scrutinized apparel brand. A lawyer by trade, who specializes in mergers and acquisitions (and who had no previous background in apparel prior to joining the company in November 2014), Grayson will likely shepherd American Apparel through its search for a new owner.