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Angela Ahrendts puts in papers at Liz Claiborne Inc

11
Oct '05

Latest fashions provider Liz Claiborne Inc announced that Angela Ahrendts, Executive Vice President, would be leaving the Company, effective October 21, 2005. Ahrendts will be taking a senior position with another fashion company. Trudy Sullivan, Executive Vice President, Liz Claiborne Inc, will assume her responsibilities.

Commenting on the announcement, Paul R. Charron, Chairman and Chief Executive Officer of Liz Claiborne Inc., said: "Angela's vision, knowledge and management skills have contributed tremendously to the success of our Company. She has been a valued collaborator and business partner. In saying that Angela will be greatly missed, I know I speak not only for myself but for all of her colleagues."

Charron continued: "Although Angela's departure is a disappointment, organizational structure allows the flexibility to adjust and adapt to the needs of the business. Trudy Sullivan is a focused, strategic and articulate executive who enjoys a close and respected relationship with her peers and subordinates. Because she and Angela have worked closely together, Trudy is well prepared to assume responsibility for the brands and channels overseen by Angela. I am confident that that this will be a seamless transition, with Trudy supported by a solid management team at the group and divisional President levels which will continue to execute strategies."

New York based Liz Claiborne Inc is a designing & marketing an extensive range of fashion apparel and accessories for women, men, teens, children and infants. The Company also markets fragrances for women and men. The 41 brands in the Liz Claiborne Inc portfolio are available at more than 30,000 points of sale worldwide.

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