Executive Appointments: Succession Plan for Tommy Hilfiger Group

English: Tommy Hilfiger At Galerias Santo Domi...

Tommy Hilfiger (Photo credit: Wikipedia)

Fred Gehring, currently Chief Executive Officer of Tommy Hilfiger and PVH International will become Chairman, Tommy Hilfiger and Vice Chairman, PVH Corp. by the end of its fiscal year 2014. The Company had disclosed in July that it had entered into a new employment agreement with Mr. Gehring that provided for him to transition into this new role, which is part time, no earlier than mid-2014 and no later than mid-2016. In his new role with Tommy Hilfiger, Mr. Gehring will be involved in establishing the overall strategy of Tommy Hilfiger, as well as serve as an advisor to Daniel Grieder, who was named today as his successor. As Vice Chairman of PVH Corp., Mr. Gehring will serve as an advisor to Manny Chirico, PVH’s Chairman and Chief Executive Officer on matters related to PVH.

Upon Mr. Gehring’s transition to his new role, Mr. Grieder will be promoted to global Chief Executive Officer of the Tommy Hilfiger Group, while maintaining his role as Chief Executive Officer of PVH Europe.

Mr. Gehring led the introduction of Tommy Hilfiger into the European market in 1997. Mr. Gehring assumed the role of global Chief Executive Officer in 2006 when he led a management buy-out of the Tommy Hilfiger Group supported by Apax Partners. The Tommy Hilfiger Group was acquired by PVH Corp. in 2010, with Mr. Gehring adding the title of Chief Executive Officer, PVH International in addition to his role at the Tommy Hilfiger Group.

“Fred Gehring has been an exceptional partner since our acquisition of Tommy Hilfiger in 2010. Under his leadership, Tommy Hilfiger has consistently been a top performer among PVH Corp.’s portfolio of global lifestyle brands,” said Mr. Chirico. “Daniel Grieder has worked closely with Fred since moving to Tommy Hilfiger Europe’s Amsterdam headquarters in 2003, and his ascension to global CEO of the Group is a natural progression. We believe our advance preparation for this internal succession plan, Fred’s continued active visionary involvement and Daniel’s operational excellence and leadership will ensure continuity in the development and growth of our Tommy Hilfiger businesses worldwide and drive the Calvin Klein Europe business forward,” said Mr. Chirico.

Daniel Grieder has worked with Tommy Hilfiger Europe since 1997, initially as Managing Director for the brand in Switzerland and Austria. In 2003, Mr. Grieder relocated to the Tommy Hilfiger Europe headquarters in Amsterdam, and in 2008 was appointed Chief Executive Officer of Tommy Hilfiger Europe. Following PVH’s acquisition of The Warnaco Group, Inc. in February of this year and the integration of the Calvin Klein Europe operations into the Tommy Hilfiger Europe headquarters, Mr. Grieder’s role expanded to include Chief Executive Officer of PVH Europe.

As part of the continued integration and development of the European Tommy Hilfiger and Calvin Klein businesses, the Company also announced the appointment of two senior executives to lead the Tommy Hilfiger and Calvin Klein brands in Europe. Reporting directly to Daniel Grieder, Peter Schlagboehmer will take on the role of President/Brand Management, Tommy Hilfiger Europe. Mr. Schlagboehmer joined Tommy Hilfiger in 2007, and since 2010 has held the role of SVP Retail Europe overseeing the growth of the brand’s European retail business. Iris Epple will assume the role of President/Brand Management of Calvin Klein Europe, following 10 years in key wholesale and retail management roles at Tommy Hilfiger Europe. Ms. Epple will also report directly to Daniel Grieder.

From: Tommy Hilfiger and PVH Corp

 

** Share the BLM Magazine with your executive colleagues and friends!

Follow the Magazine:

https://businessleadershipmanagement.wordpress.com/subscribe-follow-the-magazine/

(After you have filled in your email address in the column at the right hand side of the screen, a confirmation email will sent to your email address. You will have to confirm it before subscription begins)

Follow us on Twitter:

https://twitter.com/BusinessLeaders

Like us on Facebook:

https://www.facebook.com/BusinessLeadershipManagement

**As part of the Magazine’s drive to reward subscribers/followers, we will be providing subscribers/followers special access to exclusive content which will not be otherwise available to normal visitors. Please be sure to subscribe to the Magazine. Many visitors have given us positive comments that they will be bookmarking the site, but as the system is unable to capture a working email address to which the passcodes for exclusive content will be sent, they will miss out on this content. Do note that passcodes are locked to each exclusive content, not a one-for-all access, so do provide a working email address that you check regularly so as not to miss out on them!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s