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Abercrombie & Fitch (ANF) Appoints Jonathan E. Ramsden as CFO

November 7, 2008 9:57 AM EST
ANF Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

Dividend Yield: 2%
EPS Growth %: -88.9%
Abercrombie & Fitch Co. (NYSE: ANF) announed that Jonathan E. Ramsden has been named Executive Vice President and Chief Financial Officer, effective upon his joining Abercrombie & Fitch in early to mid-December 2008.

For the past 10 years, Mr. Ramsden has served as the chief financial officer and a member of the executive team of TBWA Worldwide, a large advertising agency network with more than 11,000 employees worldwide and a division of Omnicom Group Inc. (NYSE: OMC). Prior to becoming the chief financial officer of TBWA Worldwide, Mr. Ramsden served as controller and principal accounting officer of Omnicom Group for more than two years.

The Company operated 353 Abercrombie & Fitch stores, 209 abercrombie stores, 495 Hollister Co. stores, 27 RUEHL stores and 13 Gilly Hicks stores in the United States at the end of fiscal October. [SM]

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