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Tommy Hilfiger Corporation reveals new leadership team

24
May '06

Apparel retailer Tommy Hilfiger Corporation has announced the appointment of its new worldwide leadership team, following the sale of the company to funds advised by Apax Partners earlier this month.

Fred Gehring, CEO, said, "One of our first priorities has been to assess our worldwide organization so that we are best positioned to execute on our plans of elevating the Tommy Hilfiger brand in the US and capitalizing on the premium positioning that we have built globally. There is tremendous talent, experience and creativity within our company, and our new structure will enable us to leverage this expertise and manage our business more strategically and efficiently as well as in a more globally harmonized manner."

Overall, the company will consist of four independently managed business units (USA, Canada, Europe and the Far East Buying Offices) directed and controlled by a small corporate management team consisting of Gehring, Ludo Onnink, COO, and Joe Scirocco, who is continuing as the company's CFO, and supported by three Executive Vice Presidents.

Avery Baker, previously from TH USA but during the last three years based in Europe, will serve as the EVP-Global Communications; Michael Arts, also an executive from TH Europe, will serve as the EVP-Global Brand Management in which role he will work closely with Tommy Hilfiger; and Anne Marino, who recently joined the company from Donna Karan, will serve as EVP-Global Licensing.

On an operating level Gehring will retain the CEO responsibilities for the Tommy Hilfiger Europe division and assume the same responsibilities for Tommy Hilfiger USA.

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