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Abercrombie & Fitch Co. Appoints Robert Ball as Chief Financial Officer

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Abercrombie & Fitch (NYSE: ANF) has promoted Robert Ball to Chief Financial Officer, effective November 20, 2024. Ball, who previously served as Senior Vice President of Corporate Finance, Investor Relations, and Treasury, brings nearly 22 years of experience with the company. He succeeds Scott Lipesky, who was promoted to Chief Operating Officer in May 2023 after serving as CFO since 2017. Ball will report to Lipesky and join the executive leadership team. Prior to this appointment, Ball held various finance leadership positions at A&F, including CFO of the Abercrombie & Fitch and abercrombie kids brands.

Abercrombie & Fitch (NYSE: ANF) ha promosso Robert Ball a Direttore Finanziario, con effetto dal 20 novembre 2024. Ball, che in precedenza ha ricoperto il ruolo di Vicepresidente Senior delle Finanze Aziendali, delle Relazioni con gli Investitori e del Tesoro, porta con sé quasi 22 anni di esperienza all'interno dell'azienda. Sostituisce Scott Lipesky, che è stato promosso a Direttore Operativo nel maggio 2023 dopo aver ricoperto il ruolo di CFO dal 2017. Ball riporterà a Lipesky e farà parte del team esecutivo di leadership. Prima di questa nomina, Ball ha ricoperto vari ruoli di leadership nel settore finanziario in A&F, incluso quello di CFO dei marchi Abercrombie & Fitch e abercrombie kids.

Abercrombie & Fitch (NYSE: ANF) ha promovido a Robert Ball como Director Financiero, a partir del 20 de noviembre de 2024. Ball, quien anteriormente se desempeñó como Vicepresidente Senior de Finanzas Corporativas, Relaciones con Inversores y Tesorería, aporta casi 22 años de experiencia en la empresa. Sucede a Scott Lipesky, quien fue promovido a Director de Operaciones en mayo de 2023 tras haber sido CFO desde 2017. Ball reportará a Lipesky y se unirá al equipo de liderazgo ejecutivo. Antes de esta designación, Ball ocupó varios puestos de liderazgo financiero en A&F, incluyendo el de CFO de las marcas Abercrombie & Fitch y abercrombie kids.

Abercrombie & Fitch (NYSE: ANF)는 Robert Ball을 2024년 11월 20일부터 최고 재무 책임자로 승진시키기로 했습니다. Ball은 이전에 기업 재무, 투자자 관계 및 재무 담당 수석 부사장으로 근무하였으며, 회사에서 거의 22년의 경험을 보유하고 있습니다. 그는 2017년부터 CFO를 맡았던 Scott Lipesky를 대신하게 됩니다. Ball은 Lipesky에게 보고하고 경영진 리더십 팀에 합류할 것입니다. 이 임명 이전에는 A&F에서 다양한 재무 리더십 직책을 맡았으며, Abercrombie & Fitch 및 abercrombie kids 브랜드의 CFO 역할도 수행했습니다.

Abercrombie & Fitch (NYSE: ANF) a promu Robert Ball au poste de directeur financier, à compter du 20 novembre 2024. Ball, qui a précédemment exercé les fonctions de vice-président senior des finances d'entreprise, des relations avec les investisseurs et de la trésorerie, apporte près de 22 ans d'expérience au sein de l'entreprise. Il succède à Scott Lipesky, qui a été promu directeur des opérations en mai 2023 après avoir été CFO depuis 2017. Ball rapportera à Lipesky et intégrera l'équipe exécutive de direction. Avant cette nomination, Ball a occupé divers postes de leadership financier chez A&F, y compris le poste de CFO des marques Abercrombie & Fitch et abercrombie kids.

Abercrombie & Fitch (NYSE: ANF) hat Robert Ball zum Finanzvorstand befördert, wirksam ab dem 20. November 2024. Ball, der zuvor als Senior Vice President für Unternehmensfinanzen, Investor Relations und Treasury tätig war, bringt fast 22 Jahre Erfahrung im Unternehmen mit. Er folgt Scott Lipesky nach, der im Mai 2023 zum Chief Operating Officer befördert wurde, nachdem er seit 2017 CFO war. Ball wird an Lipesky berichten und dem Führungsteam beitreten. Vor dieser Ernennung hatte Ball verschiedene Führungspositionen im Finanzbereich bei A&F inne, einschließlich CFO der Marken Abercrombie & Fitch und abercrombie kids.

Positive
  • Internal promotion demonstrates strong succession planning and leadership continuity
  • New CFO brings 22 years of company-specific experience
  • Previous CFO remains with company as COO, ensuring smooth transition
Negative
  • None.

As part of company’s disciplined approach to succession planning, tenured company finance leader of 20+ years promoted to CFO; Scott Lipesky to continue as Chief Operating Officer

NEW ALBANY, Ohio, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) today announced the promotion of veteran Finance leader Robert Ball to Chief Financial Officer, effective November 20, 2024. In his new role, Ball will serve on the company’s executive leadership team and continue to report to Scott Lipesky, Executive Vice President and Chief Operating Officer.

Ball, previously the company’s Senior Vice President of Corporate Finance, Investor Relations, and Treasury, brings nearly 22 years of experience leading key Abercrombie & Fitch Co. (A&F Co.) Finance and Strategy functions to the role. Lipesky, who served as the company’s CFO since 2017, was promoted to COO in May 2023, and will remain in that role, leading the company’s global operations and growth strategies, while driving financial discipline, capital allocation and efficiency.

Commenting on the appointment, Fran Horowitz, Chief Executive Officer, said, “With Scott’s promotion to COO, we had an opportunity to elevate a very talented leader in our Finance organization, and I’m pleased to welcome Robert to his new role as CFO. He has worked in close partnership with me and our entire executive leadership team to help architect A&F Co.’s transformation and successfully execute the turnaround of our brands and business.” She added, “With his decades of experience at the company, Robert is uniquely qualified to have an immediate impact as he continues to help drive our strategies forward.”

"I'm excited to take on the role of CFO at this stage of A&F Co.’s journey,” said Ball. “As much as we’ve achieved over the last several years, there is tremendous opportunity ahead. I look forward to continuing to work closely with Fran, Scott and our brand and regional leaders to deliver on our long-term growth ambitions.”

Prior to being appointed CFO of the company, Ball held several finance leadership positions at A&F Co., including CFO of the Abercrombie & Fitch and abercrombie kids brands, in addition to roles in financial reporting, financial planning and analysis, and corporate finance. He also led the transformation management office. Before joining the company in 2003, Ball started his career as a financial advisor at Merrill Lynch.

About Abercrombie & Fitch Co.
Abercrombie & Fitch Co. (NYSE: ANF) is a global, digitally led, omnichannel specialty retailer of apparel and accessories catering to kids through millennials with assortments curated for their specific lifestyle needs.  

The company operates a family of brands, including Abercrombie & Fitch and Hollister, each sharing a commitment to offer products of enduring quality and exceptional comfort that support global customers on their journey to being and becoming who they are. Abercrombie & Fitch Co. operates 750+ stores across North America, Europe, Asia and the Middle East, as well as the e-commerce sites abercrombie.comabercrombiekids.com and hollisterco.com.

Investor Contact: Media Contact:
   
Mo Gupta Kate Wagner
Abercrombie & Fitch Co. Abercrombie & Fitch Co.
(614) 283-6751 (614) 283-6192
Investor_Relations@anfcorp.com Public_Relations@anfcorp.com
   

FAQ

Who is the new CFO of Abercrombie & Fitch (ANF)?

Robert Ball was promoted to Chief Financial Officer of Abercrombie & Fitch (ANF), effective November 20, 2024.

What was Robert Ball's previous position at ANF before becoming CFO?

Before becoming CFO, Robert Ball served as Senior Vice President of Corporate Finance, Investor Relations, and Treasury at Abercrombie & Fitch.

When did Scott Lipesky transition from CFO to COO at Abercrombie & Fitch?

Scott Lipesky was promoted from CFO to COO in May 2023, after serving as CFO since 2017.

How long has Robert Ball been with Abercrombie & Fitch (ANF)?

Robert Ball has been with Abercrombie & Fitch for nearly 22 years, joining the company in 2003.

Abercrombie & Fitch Co.

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