Home / Knowledge / News / Apparel/Garments / Charles Coker to retire from Hanesbrands BoD
Charles Coker to retire from Hanesbrands BoD
30
Sep '08
Hanesbrands Inc announced membership changes to the company's board of directors, the establishment of a lead director position, and the completion of its planned spinoff leadership succession.

Charles W. Coker, 75, will retire from the company's board of directors effective Dec. 8, 2008. A member of the board since the company became independent, Coker has served as chairman of the board's compensation committee and as presiding director and was instrumental in Hanesbrands' transition as an independent company.

"We owe a debt of gratitude to Charlie for his tremendous service to the company," Hanesbrands Chief Executive Officer Richard A. Noll said. "Charlie played an integral role in providing leadership and guidance during our transition. We have all benefited from his intelligence, vast experience, impeccable character and sage counsel."

To fill the board's tenth position after Coker's retirement, Ann E. Ziegler, senior vice president and chief financial officer of CDW Corporation, has been elected to the company's board of directors, effective Dec. 8, 2008. Ziegler, 50, will serve for a term scheduled to end at the 2009 annual meeting of stockholders.

Ziegler has held senior positions for 20 years in finance, corporate development and mergers and acquisitions. Prior to her position at CDW of Vernon Hills, Ill., she was chief financial officer of various Sara Lee Corporation divisions from 2003 to 2008. She holds a law degree and worked for the law firm of Skadden, Arps, Slate, Meagher & Flom in Chicago from 1986 to 1993.

"We are very pleased to have a professional of Ann's capabilities and accomplishments join the board of Hanesbrands," Noll said. "Her experience and skills in finance, strategic planning, and mergers and acquisitions will be a tremendous benefit to our company."

To complete the company's planned executive leadership succession, the following changes are effective Jan. 1, 2009. Board Chairman Lee A. Chaden, 66, will retire from the chairman position, and Noll will add the chairman's role to his responsibilities. Chaden, who also has served in the executive chairman and chief executive officer roles with the company, will remain on the board of directors.

"Rich and his team have led the company through a very successful start as an independent public company and have set a critical strategic course for the company's success and growth," Chaden said. "The time is right to complete our leadership succession. I look forward to remaining on the board of this great company and continuing to play a role in its ongoing success."

In conjunction with Noll assuming the chairman and CEO roles, the board of directors has created the position of lead director to further enhance Hanesbrands' governance structure. J. Patrick Mulcahy, a member of the board since its inception, has been elected as lead director.

"Lee Chaden has helped create an outstanding board of directors and has made numerous contributions to Hanesbrands over the years in his executive leadership roles," Noll said. "We are delighted that he will continue to serve on our board.

"Our board operates with strong working relationships among all members, and having the lead director role will be an added strength for our board. We are excited to have Pat fill the critical role of lead director."

Hanesbrands Inc


Must ReadView All

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search