PVH President Larsson to take over as CEO in February
Tweet
Share
E-mail
FILE PHOTO: Boards with Tommy Hilfiger store logo are seen on a shopping center at the outlet village Belaya Dacha outside Moscow, Russia, April 23, 2016. REUTERS/Grigory Dukor
Get Alerts PVH Hot Sheet
Join SI Premium – FREE
(Reuters) - Tommy Hilfiger owner PVH Corp (NYSE: PVH) said on Wednesday President Stefan Larsson would replace Manny Chirico as chief executive officer in February.
Larsson, a former CEO of Ralph Lauren Corp (NYSE: RL), joined PVH in June last year, taking on the job of overseeing the company's various brands such as Van Heusen, Calvin Kelin, as well as Tommy Hilfiger.
His appointment was part of PVH's plan to find a successor to Chirico, who has been at the helm since 2006.
Larsson has already been at the forefront of major decisions PVH has taken to tackle the impact of the COVID-19 pandemic, including cutting hundreds of jobs in North America and shuttering 162 retail stores.
Chirico, 63, will continue to serve as the company's chairman, PVH said.
(Reporting by Uday Sampath in Bengaluru; Editing by Aditya Soni)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- JPMorgan hires healthcare banker David Blais from Guggenheim, sources say
- Guidewire shares tumble on weak first quarter guidance
- Canadian dollar hits one-week high as BoC inflation warnings bolster loonie
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
