US fashion brand Capri appoints Marilyn Crouther to BoD

31 May '21

3 min read

Pic: Shutterstock

Capri, a fashion luxury group, has announced that Marilyn Crouther will be appointed to the board of directors, effective June 1, 2021. Crouther will join the audit committee as well as the compensation and talent committee. The multi-national company, based in the US, consists of iconic brands that are industry leaders in design, style, and craftsmanship.

Crouther has more than 30 years’ experience delivering transformational technology and IT modernisation services as well as a strong background in finance and accounting. She is currently the CEO and principal of Crouther Consulting, a firm that provides consulting services to IT companies. Most recently, Crouther was senior vice president, general manager at DXC technology company. Before that, she was senior vice president and general manager for Hewlett Packard Enterprise, having joined Hewlett Packard in 1989. While at Hewlett Packard, Crouther served in various senior management positions, including vice president of finance for the US public sector business and industry controller for its government group. Currently, Crouther also serves as a director of ICF, a global consulting and digital services provider, and serves on the board of directors for the Center for Innovative Technology as well as the Information Technology Senior Management Forum. Previously, she was a board member and a vice chair for the Northern Virginia Technology Council, Capri said in a media statement.

“We are excited to welcome Crouther to our board. She is an outstanding leader with a deep understanding of technology, finance, and international business. She will bring a unique perspective to our board as well as further diversify the breadth of our directors’ skills and experiences,” John D. Idol, chairman and chief executive officer said in a statement.

“It is an honour to join the board of directors of Capri and to support the growth strategy for the group and its iconic brands. I look forward to sharing my expertise and helping Capri drive value for its shareholders,” John D. Idol, chairman and chief executive officer said.

In addition, Capri announced that William Benedetto intends to retire at the conclusion of his current term, which ends at the annual meeting of shareholders to be held on July 28, 2021. Benedetto has been a director since December 2011 and serves on the audit committee, compensation and talent committee, and as the lead director. Effective as of his retirement date, Robin Freestone will be appointed lead director. Freestone joined the board in January 2016 and also serves as the chairman of the audit committee.

Fibre2Fashion News Desk (GK)

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