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Caleres Elects Kyle Gendreau and Molly Langenstein to the Board of Directors

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Caleres (NYSE: CAL) has expanded its board of directors to twelve members with the addition of Kyle Gendreau and Molly Langenstein. Gendreau, currently CEO of Samsonite International, brings expertise in global brand building, M&A, and financial management. Langenstein, former CEO of Chico's FAS, offers extensive retail industry experience and strategic leadership. Diane Sullivan, executive chairman of Caleres, emphasized how their combined experience will support the company's growth plans and shareholder value. Notably, Caleres maintains 50% women representation on its board and has been recognized by the Women's Forum of New York for achieving gender parity.

Caleres (NYSE: CAL) ha ampliato il proprio consiglio di amministrazione a dodici membri con l'aggiunta di Kyle Gendreau e Molly Langenstein. Gendreau, attualmente CEO di Samsonite International, porta con sé competenze nella creazione di marchi globali, nelle fusioni e acquisizioni e nella gestione finanziaria. Langenstein, ex CEO di Chico's FAS, offre una vasta esperienza nel settore retail e leadership strategica. Diane Sullivan, presidente esecutivo di Caleres, ha sottolineato come la loro esperienza combinata supporterà i piani di crescita dell'azienda e il valore per gli azionisti. È importante notare che Caleres mantiene una rappresentanza femminile del 50% nel suo consiglio e ha ricevuto il riconoscimento dal Women’s Forum di New York per aver raggiunto la parità di genere.

Caleres (NYSE: CAL) ha ampliado su junta directiva a doce miembros con la adición de Kyle Gendreau y Molly Langenstein. Gendreau, actualmente CEO de Samsonite International, aporta experiencia en la construcción de marcas globales, fusiones y adquisiciones, y gestión financiera. Langenstein, ex CEO de Chico's FAS, ofrece una amplia experiencia en la industria del retail y liderazgo estratégico. Diane Sullivan, presidenta ejecutiva de Caleres, enfatizó cómo su experiencia combinada apoyará los planes de crecimiento de la empresa y el valor para los accionistas. Cabe destacar que Caleres mantiene una representación femenina del 50% en su junta y ha sido reconocida por el Women's Forum de Nueva York por alcanzar la paridad de género.

Caleres (NYSE: CAL)은 Kyle GendreauMolly Langenstein의 추가로 이사회를 12명으로 확대했습니다. 현재 Samsonite International의 CEO인 Gendreau는 글로벌 브랜드 구축, 인수 합병 및 재무 관리에 대한 전문성을 제공합니다. 이전 Chico's FAS의 CEO인 Langenstein은 소매 산업에서의 폭넓은 경험과 전략적 리더십을 제공합니다. Caleres의 이그제큐티브 의장인 Diane Sullivan은 그들의 결합된 경험이 회사의 성장 계획과 주주 가치를 지원하는 데 얼마나 중요한지를 강조했습니다. 특히, Caleres는 이사회에서 50%의 여성 대표성을 유지하고 있으며, 성 평등을 달성한 공로로 뉴욕 여성 포럼의 인정을 받았습니다.

Caleres (NYSE: CAL) a élargi son conseil d'administration à douze membres avec l'ajout de Kyle Gendreau et Molly Langenstein. Gendreau, actuellement PDG de Samsonite International, apporte son expertise dans la construction de marques mondiales, les fusions et acquisitions, ainsi que la gestion financière. Langenstein, ancienne PDG de Chico's FAS, offre une vaste expérience dans l'industrie du commerce de détail et une direction stratégique. Diane Sullivan, présidente exécutive de Caleres, a souligné comment leur expérience combinée soutiendra les plans de croissance de l'entreprise et la valeur pour les actionnaires. Il convient de noter que Caleres maintient une représentation féminine de 50 % au sein de son conseil et a été reconnue par le Women's Forum de New York pour avoir atteint la parité entre les sexes.

Caleres (NYSE: CAL) hat seinen Vorstand auf zwölf Mitglieder erweitert mit der Hinzufügung von Kyle Gendreau und Molly Langenstein. Gendreau, derzeit CEO von Samsonite International, bringt Expertise im globalen Markenaufbau, bei Fusionen und Übernahmen sowie im Finanzmanagement mit. Langenstein, ehemalige CEO von Chico's FAS, bietet umfangreiche Erfahrungen in der Einzelhandelsbranche und strategische Führungsqualitäten. Diane Sullivan, Executive Chair von Caleres, betonte, wie ihre kombinierte Erfahrung die Wachstumspläne des Unternehmens und den Wert für die Aktionäre unterstützen wird. Bemerkenswert ist, dass Caleres eine 50%ige Frauenvertretung im Vorstand aufrechterhält und vom Women's Forum of New York für das Erreichen der Geschlechterparität anerkannt wurde.

Positive
  • Board expansion with two experienced industry executives
  • Addition of global brand building and M&A expertise through Gendreau
  • Strengthened retail and digital strategy capabilities through Langenstein
  • Maintained 50% gender parity on board, receiving industry recognition
Negative
  • None.

ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL) today announced the election of two new members to its board of directors, increasing its board size to twelve.

Kyle Gendreau is currently chief executive officer and executive director of Samsonite International S.A., a leader in the global lifestyle bag industry and the world's largest travel luggage company. Under his leadership, Samsonite has driven growth through consumer-centric channel diversification, global expansion, and by acquiring and investing in a portfolio of brands. He has championed the company’s sustainability initiatives and diversified its sourcing base. Prior to his appointment as CEO in 2018, he served as the company’s chief financial officer where he was instrumental in implementation of the company’s strategic plan, the integration of the Tumi acquisition, and the Hong Kong IPO listing.

Previously, Gendreau held various leadership roles in finance and accounting at Zoots Corporation, Specialty Catalog Corporation, and Coopers & Lybrand. Gendreau holds a bachelor’s degree in business administration from Stonehill College and is a Certified Public Accountant in Massachusetts.

Molly Langenstein is a high-level strategist and retail industry veteran with an exceptional record of revitalizing sales and improving profitability. Most recently, Langenstein served as the chief executive officer and president and a member of the board of directors of Chico’s FAS, until Chico’s was acquired in January 2024. During her time at Chicos, she returned the company to growth and profitability with a customer led, product focused, and digital first strategy focused on operational excellence.

Before joining Chico’s, Langenstein spent nearly three decades at Macy’s, Inc. (and predecessor companies), where she held numerous executive positions in ready to wear and private brand at Macy’s and Bloomingdales. Langenstein received her bachelor’s degree in fashion merchandising from Kent State University. She serves on the board of Upbound Group, an omni-channel consumer financing company.

“Kyle and Molly’s critical expertise will further round out the capabilities on our board,” said Diane Sullivan, executive chairman of Caleres. “Kyle brings global brand building and portfolio management expertise, M&A experience and significant financial acumen. Molly is a strategic leader with deep fashion brand and omnichannel understanding as well as a background in organizational optimization. Their combined operating experience and knowledge of the public company CEO role are of great value as we pursue our growth plans and focus on delivering shareholder value.”

Five consecutive times Caleres has been honored by the Women’s Forum of New York for achieving gender parity on its board. Caleres was applauded as a Corporate Champion that is making special efforts to advance women in the boardroom. Most recently, Caleres was one of 78 companies recognized as a Corporate Champion out of the 233 companies in attendance to have achieved or exceeded gender parity on its board. Today Caleres has 50% representation of women on its board.

About Caleres

Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer and Vionic. Our products are available virtually everywhere - in the nearly 1,000 retail stores we operate, in hundreds of major department and specialty stores, on our branded e-commerce sites, and on many additional third-party retail websites. Combined, these brands make Caleres a company with both a legacy and a mission. Our legacy is our more than 140 years of craftsmanship and our passion for fit, while our mission is to continue to inspire people to feel great… feet first. Visit caleres.com to learn more about us.

Media:

Kelly Malone

kmalone@caleres.com

Investors:

Liz Dunn

ldunn@caleres.com

Source: Caleres

FAQ

Who are the new board members appointed to Caleres (CAL)?

Kyle Gendreau, CEO of Samsonite International, and Molly Langenstein, former CEO of Chico's FAS, have been elected as new board members of Caleres.

What is the current size of Caleres (CAL) board of directors?

With the addition of two new members, the Caleres board has increased to twelve directors.

What percentage of women are on Caleres (CAL) board of directors?

Caleres maintains 50% women representation on its board of directors.

What recognition has Caleres (CAL) received for board diversity?

Caleres has been honored five consecutive times by the Women's Forum of New York for achieving gender parity on its board and was recognized as a Corporate Champion.

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1.12B
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Apparel Retail
Footwear, (no Rubber)
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United States of America
ST LOUIS