Ralph Lauren: Iconic Designer To Be Succeeded By Former H&M Exec, After 45 years at the captain of the American appearance abode Ralph Lauren appear Tuesday he's dispatch down as CEO of the aggregation he founded, the New York Times reports. His almsman is above H&M exec and Old Navy admiral Stefan Larsson. But Lauren is not abrogation the cast entirely. He'll break on with new roles - controlling administrator and arch artistic administrator - with Larsson advertisement to Lauren.
Ralph Lauren stepped down as CEO of his appearance authority on Tuesday and was replaced by the bang-up at Old Navy.
Stefan Larsson, the above all-around admiral of Old Navy, will alter Lauren as CEO able in November.
Lauren will become controlling administrator and arch artistic administrator of Ralph Lauren Corp. (RL) Larsson will address to Lauren.
"My job is to anticipate consistently about the approaching of our aggregation and how to move it forward," said Lauren, who turns 76 next month.
"Stefan Larsson is awfully talented, and he will accompany our aggregation a beginning and agitative all-around perspective."
Larsson grew Old Navy's all-around operations from 12 to 44 countries and its sales from $3 billion to $17 billion during his captain at the account accouterment line. Old Navy is a analysis of Gap (GPS).
This comes afterwards the Ralph Lauren aggregation -- which Lauren founded in 1967 -- appear a 5.3% bead in its acquirement from June 2014 to 2015.
Stefan Larsson, the above all-around admiral of Old Navy, will alter Lauren as CEO able in November.
Lauren will become controlling administrator and arch artistic administrator of Ralph Lauren Corp. (RL) Larsson will address to Lauren.
"My job is to anticipate consistently about the approaching of our aggregation and how to move it forward," said Lauren, who turns 76 next month.
"Stefan Larsson is awfully talented, and he will accompany our aggregation a beginning and agitative all-around perspective."
Larsson grew Old Navy's all-around operations from 12 to 44 countries and its sales from $3 billion to $17 billion during his captain at the account accouterment line. Old Navy is a analysis of Gap (GPS).
This comes afterwards the Ralph Lauren aggregation -- which Lauren founded in 1967 -- appear a 5.3% bead in its acquirement from June 2014 to 2015.
Blogger Comment
Facebook Comment