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PVH Corp. Appoints Jesper Andersen to its Board of Directors

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PVH Corp. [NYSE: PVH] has appointed Jesper Andersen, Executive Vice President and CFO of the LEGO Group, to its Board of Directors and Audit and Risk Management Committee. Andersen, who became LEGO's CFO in October 2020, brings over 25 years of global leadership experience, including CFO roles at Upfield and Beiersdorf, and two decades in finance leadership at Colgate-Palmolive. His appointment aims to leverage his expertise in driving sustainable brand growth and financial management to support PVH's strategy of developing Calvin Klein and Tommy Hilfiger into leading lifestyle brands.

PVH Corp. [NYSE: PVH] ha nominato Jesper Andersen, Vicepresidente Esecutivo e CFO del Gruppo LEGO, nel suo Consiglio di Amministrazione e nel Comitato di Audit e Gestione dei Rischi. Andersen, che è diventato CFO di LEGO nell'ottobre 2020, porta con sé oltre 25 anni di esperienza nella leadership globale, comprese le posizioni di CFO in Upfield e Beiersdorf, e due decenni di leadership finanziaria in Colgate-Palmolive. La sua nomina mira a sfruttare la sua expertise nella promozione di una crescita sostenibile del marchio e nella gestione finanziaria per supportare la strategia di PVH nello sviluppo di Calvin Klein e Tommy Hilfiger come marchi di lifestyle di punta.

PVH Corp. [NYSE: PVH] ha nombrado a Jesper Andersen, Vicepresidente Ejecutivo y CFO del Grupo LEGO, en su Junta Directiva y en el Comité de Auditoría y Gestión de Riesgos. Andersen, quien se convirtió en CFO de LEGO en octubre de 2020, aporta más de 25 años de experiencia en liderazgo global, incluyendo posiciones de CFO en Upfield y Beiersdorf, y dos décadas en liderazgo financiero en Colgate-Palmolive. Su nombramiento tiene como objetivo aprovechar su experiencia en impulsar un crecimiento sostenible de la marca y la gestión financiera para apoyar la estrategia de PVH en el desarrollo de Calvin Klein y Tommy Hilfiger como marcas líderes de estilo de vida.

PVH Corp. [NYSE: PVH]는 Jesper Andersen을 LEGO Group의 부사장 겸 CFO로 임명하여 이사회의 일원 및 감사 및 리스크 관리 위원회에 합류시켰습니다. 2020년 10월에 LEGO의 CFO가 된 Andersen은 25년 이상의 글로벌 리더십 경험을 보유하고 있으며, Upfield와 Beiersdorf에서 CFO 역할을 수행했으며 Colgate-Palmolive에서 20년간 재무 리더십을 경험했습니다. 그의 임명은 PVH가 Calvin Klein과 Tommy Hilfiger를 선도하는 라이프스타일 브랜드로 발전시키기 위한 전략을 지원하기 위해 아 브랜드 성장과 재정 관리에 대한 전문성을 활용하는 것을 목표로 하고 있습니다.

PVH Corp. [NYSE: PVH] a nommé Jesper Andersen, Vice-Président Exécutif et CFO du Groupe LEGO, à son Conseil d'Administration et au Comité d'Audit et de Gestion des Risques. Andersen, qui est devenu CFO de LEGO en octobre 2020, apporte plus de 25 ans d'expérience en leadership global, y compris des rôles de CFO chez Upfield et Beiersdorf, et deux décennies de leadership financier chez Colgate-Palmolive. Sa nomination vise à tirer parti de son expertise dans la promotion d'une croissance durable de la marque et la gestion financière pour soutenir la stratégie de PVH visant à développer Calvin Klein et Tommy Hilfiger en marques de style de vie leaders.

PVH Corp. [NYSE: PVH] hat Jesper Andersen, Executive Vice President und CFO der LEGO Group, in seinen Vorstand und den Ausschuss für Prüfung und Risikomanagement berufen. Andersen, der im Oktober 2020 CFO von LEGO wurde, bringt über 25 Jahre globale Führungserfahrung mit, einschließlich CFO-Positionen bei Upfield und Beiersdorf sowie zwei Jahrzehnten in der Finanzführung bei Colgate-Palmolive. Seine Ernennung zielt darauf ab, seine Expertise in der Förderung nachhaltigen Markwachstums und Finanzmanagements zu nutzen, um die Strategie von PVH zur Entwicklung von Calvin Klein und Tommy Hilfiger als führende Lifestyle-Marken zu unterstützen.

Positive
  • Addition of experienced CFO with 25+ years of global consumer brand leadership
  • Strategic expertise in driving sustainable brand growth from LEGO Group
  • Strong financial acumen and omnichannel experience enhancement to the board
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- PVH Corp. [NYSE: PVH] today announced the appointment of Jesper Andersen, Executive Vice President and Chief Financial Officer of the LEGO Group, to its Board of Directors, effective immediately. He has also been appointed to the Board’s Audit and Risk Management Committee.

Stefan Larsson, PVH Chief Executive Officer, said, “Jesper is a seasoned global leader with deep experience driving sustainable, brand-accretive growth at one of the most iconic, high-performing consumer brands in the world. Jesper’s very strong financial acumen, omnichannel experience and data-driven approach make him an excellent addition to our Board of Directors as we pursue our vision to build Calvin Klein and Tommy Hilfiger into two of the most desirable lifestyle brands in the world.”

Andersen was named Chief Financial Officer of the LEGO Group in October 2020. He has played a critical role in the LEGO Group’s growth over the last four years, including identifying new opportunities to expand the relevance and reach of the portfolio. Andersen brings more than 25 years of global leadership experience at other major consumer brands, having served as Chief Financial Officer at Upfield and Beiersdorf, as well as two decades in finance leadership roles at Colgate-Palmolive in Europe, Asia and North America.

“Jesper’s strong performance track record driving strategic growth for global consumer brands will play an important role as we navigate PVH’s next growth chapter,” said Michael Calbert, PVH Board Chair. “We are thrilled to welcome Jesper to the Board of Directors as we build brand desirability around the world and create long-term value for our stakeholders.”

“It is an honor to join PVH’s Board of Directors at such an exciting time for the company,” said Andersen. “I have long admired its two iconic brands and look forward to working closely with the Board, Stefan and the entire management team to drive the next level of PVH+ Plan execution.”

For more information about PVH Corp.'s Board of Directors and corporate governance practices, visit https://www.pvh.com/investor-relations/governance.

About PVH Corp.

PVH is one of the world’s largest fashion companies, connecting with consumers in over 40 countries. Our global iconic brands include Calvin Klein and TOMMY HILFIGER. Our 140-plus-year history is built on the strength of our brands, our team and our commitment to drive fashion forward for good. That’s the Power of Us. That’s the Power of PVH.

Follow us on Instagram and LinkedIn.

Investor Contact:

Sheryl Freeman

InvestorRelations@pvh.com

Media Contact:

Alison Rappaport

Communications@pvh.com

Source: PVH Corp.

FAQ

Who is the new board member appointed to PVH Corp's Board of Directors?

Jesper Andersen, Executive Vice President and CFO of the LEGO Group, has been appointed to PVH Corp's Board of Directors and its Audit and Risk Management Committee.

What is Jesper Andersen's current role before joining PVH's board?

Jesper Andersen currently serves as Executive Vice President and Chief Financial Officer of the LEGO Group, a position he has held since October 2020.

What experience does the new PVH board member bring to the company?

Jesper Andersen brings over 25 years of global leadership experience, including CFO roles at Upfield and Beiersdorf, and two decades in finance leadership positions at Colgate-Palmolive across Europe, Asia and North America.

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Apparel Manufacturing
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
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