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Genesco appoints John Lambros to board of directors

31
Oct '20

John F. Lambros. Pic: GENESCO INC

Genesco has announced that John F. Lambros has been appointed to its board of directors. Genesco is an American publicly owned specialty retailer of branded footwear and accessories and is a wholesaler of branded and licensed footwear based in Nashville. It runs more than 1,475 retail stores throughout the US, Canada, the UK, and the Republic of Ireland.

Lambros has been appointed to serve as a member of the compensation committee. He is president of GCA-US, a global investment bank. He serves as the head of GCA’s digital media banking practice, is a member of its board of directors and executive committee, and serves as head of the firm's New York office. For more than 22 years, Lambros has been an active advisor to or operator in the digital media and emerging technology markets, including leading more than 250 public and private market financings, mergers and acquisitions, recapitalisations, joint ventures and debt financings. Prior to GCA, from 2000 to 2003, he was senior vice president of business development for Into Networks, a broadband technology company and pioneer in content streaming. From 1993 to 2000, Lambros was a banker at Morgan Stanley, where he served as a vice president and a member of the global communications group focused on advising emerging telecommunications, media and technology clients, according to Genesco.

“We are very pleased to welcome Lambros as a new independent director to Genesco’s board. His extensive background in banking, digital media and technology will add valuable expertise to our board and support the growth of our business. As a footwear-focused company with rapidly growing omni-channel and e-commerce operations, we are confident that Lambros’ strategic counsel and deep experience as an advisor and operator will help us accelerate digital initiatives at a pivotal time for our company,” Mimi E. Vaughn, Genesco board chair, president, and chief executive officer, said

“I look forward to working with Genesco, and bringing my experience to inform its digital strategy and support its overall growth. Genesco is a leader in the footwear industry and I am excited to be part of the next chapter in the Company's history,” Lambros said.

Fibre2Fashion News Desk (GK)

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