Genesco names president & CEO Mimi Vaughn to the board

03 Jul '20

2 min read

Mimi Vaughn; Pic: Genesco/ PR Newswire

Genesco, a US-based specialty retailer, has announced that Mimi Vaughn, 54, the company's president and chief executive officer, has been named to the additional position of chair of the board of directors, effective July 1, 2020. Vaughn will succeed Robert Dennis, 66, implementing the final step of a transition plan that began in 2018.

Dennis served as Genesco president and chief executive officer from 2008 to 2020 and most recently as executive chairman. He will retire from the board effective June 30, 2020, after serving as chairman for the past 10 years.

“Bob Dennis has led Genesco in some of its most exciting periods of growth and has navigated the company through several important events in our history. I would like to thank him for his 15 years of dedication and leadership with the Company and celebrate his lasting legacy as one of Genesco's most visionary leaders,” Vaughn said in a press release.

I look forward to working with our board, our management team and our tremendously talented employees to build on the company's strong foundation and continue to execute our strategic vision to increase shareholder value as a leading footwear-focused company."

“Vaughn's strategic insight into our businesses will serve our board in an impactful way. She is a dynamic leader as demonstrated through her successive roles at Genesco, including most recently as president and chief executive officer. Over the past several months with the Covid-19 pandemic disruption, she has done an exceptional job leading the company during extraordinary times. I have tremendous confidence that the future of Genesco is in excellent hands,” Dennis said.

Matthew Diamond, 51, a veteran of Genesco's board, and former chief executive officer of Alloy Media and Alloy, will continue to serve as the company's lead independent director.

Fibre2Fashion News Desk (JL)

More Press Release News - United States Of America...