Prior to joining Nike, Kumekpor held division and business unit chief financial officer roles at public companies including AstraZeneca and Alcon/Novartis and brought deep expertise in scaling complex businesses. His earlier experience spans multiple industries including management consulting and he possesses significant experience in Mergers and Acquisitions and business transformation, the company stated in a media release.  

"We are thrilled to have Kumekpor join the Chico's FAS board. He brings a unique combination of financial acumen along with expertise developing and executing strategy for a growing vertically integrated retailer that we are confident will be valuable as Chico's FAS continues its turnaround. We look forward to drawing on his insights and experience as we build on the company's strong momentum, drive profitable growth, and deliver value to our shareholders, Bonnie Brooks, executive chair of the board, said.

"It's an honour to join the Chico's FAS board of directors at such a pivotal time. The company has demonstrated strong results while continuing to deliver for its incredibly loyal base of customers across all three of its brands – Chico's, White House Black Market and Soma. I look forward to working alongside my fellow directors and the talented Chico's FAS leadership team to help guide the company on its path for continued success in the retail industry." Kumekpor mentioned.

The company's board comprises ten members, eight of whom are independent.

The company has also announced that Stephen E Watson will not stand for re-election to the board at the 2022 annual meeting of shareholders. 

Fibre2Fashion News Desk (SF)