News Flash

Outerwear maker G-III Apparel elects Laura Pomerantz to BOD

15 Sep '05

3 min read

Leather & non-leather apparel importer G-III Apparel Group Ltd announced that it had promoted Neal Nackman to the position of Chief Financial Officer and elected Laura Pomerantz to its Board Of Directors (BOD).

Morris Goldfarb, Chairman and Chief Executive Officer, commented that their core business and the latest acquisitions have dramatically increased the scope and size of business.

They believe that they are positioned well to continue this trend of growth and that naming Laura to board and Neal to the position of Chief Financial Officer will enhance the capability to capitalize on many opportunities. Board looks forward to benefiting from the significant experience and expertise Laura has in the retail and fashion fields.

They have a deep and talented team here at G-III and they believe they can expect significant contributions from each of these outstanding individuals. Additionally, Neal's promotion to Chief Financial Officer will enable Wayne Miller, who has held that position as well as the position of Chief Operating Officer, to focus more of his attention on the integration and operations of their recently acquired businesses, as well as to continue to pursue new business opportunities.

Mr. Nackman has been the Company's Vice President, Finance since joining G-III in December 2003. From January 2003 until joining G-III, Mr. Nackman was a financial consultant with Jefferson Wells International.

For the eight years prior to 2003, he held senior level finance positions at Nautica Inc, Perry Ellis Inc, and Martha Stewart Living Omnimedia. Mr. Nackman spent the first 14 years of his career in public accounting with Grant Thornton. He was a partner in Grant Thornton when he left in 1995 to join Nautica. Mr. Nackman will report directly to Wayne Miller.

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