Eric Wiseman, President and Chief Operating Officer of VF Corporation announced changes in the Company's executive leadership structure that will become effective January 1st, 2008 when he assumes the title of President and Chief Executive Officer.
George Derhofer, 54, Senior Vice President - Global Operations, has decided to retire at the end of the year. "In his 13 years with VF, George has been an exemplary leader whose contributions have helped make VF what it is today," commented Mackey McDonald, Chairman and Chief Executive Officer.
"George brought to VF a rare combination of business, operations and financial skills, together with an inspirational leadership style and a true passion for the business. All of us here at VF will greatly miss him. We wish him a very healthy and active retirement."
With Derhofer's departure, effective January 1st, Ed Doran, President of VF's Imagewear coalition, and Boyd Rogers, Vice President and President - Supply Chain, will report directly to Wiseman. Martin Schneider, Vice President and Chief Information Officer, who also reported to Derhofer, will report to Bob Shearer, Senior Vice President and Chief Financial Officer. There are no plans to name a successor to Derhofer.
To underscore our commitment to growing our direct-to-consumer business, Mike Gannaway, who has been serving as Vice President - Customer Management, has been named Vice President - VF Direct/Customer Teams. In his new role, Mike will coordinate VF's retail and e:commerce strategies among VF's coalitions and assume responsibility for VF's Outlet division.