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Jill Granoff resigns from Liz Claiborne

16
Apr '08
Liz Claiborne Inc announced that Jill Granoff, Executive Vice President, Direct Brands, has resigned to become Chief Executive Officer of a publicly traded company. In her role at Liz Claiborne Inc., Ms. Granoff had responsibility for Juicy Couture and Lucky Brand Jeans, as well as the Outlet business across the company.

Commenting on the announcement, William L. McComb, Chief Executive Officer, Liz Claiborne Inc, said, "We have made a lot of progress towards the execution of our strategy over the last eight months, in particular by placing strong leaders in the multi-functional roles each of these companies requires to successfully expand its business.

With the forthcoming announcement of a President for Juicy Couture, we are nearly complete in pairing talented designer/merchants with strong operators in each of the brands. This structure facilitates the entrepreneurial, brand-centric philosophy we are seeking to foster and allows these businesses to operate as mono-brands."

Mr. McComb continued, "We thank Jill for her valuable contributions to the company during the past two years and we wish her the very best on future endeavors. While we're disappointed to see her leave, we have a deep bench of talent at the management level, and I am confident that this will be a seamless transition. Any changes to our organization resulting from this announcement will be addressed in the near future."

Liz Claiborne Inc


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