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

Pic: Shutterstock

Textiles | On 12th Jun 2021

G20 GDP returns to pre-pandemic level in Q1 2021: OECD

Gross domestic product (GDP) of the Group of 20 (G20) area returned...

Pic: Stock for you / Shutterstock.com

Apparel/Garments | On 12th Jun 2021

Prime Content| Japan's clothing imports fall 13.2% in 2020-21

Japan’s imports of clothing and accessories declined by 13.2 per cent ...

Pic: Shutterstock

Textiles | On 12th Jun 2021

Setting right targets for issues key to building biodiversity strategy

Setting the right targets for issues in play in locations, i.e.,...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Value of 'Made in India' should get more importance

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Shyam Gupta,

Shyam Gupta

Established by <b>Shyam Gupta</b> in 1978, Gargee Designer's (GD) offers...

Dr. Vijaya Kumar,

Dr. Vijaya Kumar

Dr MM Kariappa founded the Vogue Institute of Art &amp; Design in 1996....

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

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

Leave your Comments


June 2021

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


Advanced Search