PVH Corp. has announced that Zac Coughlin, its Chief Financial Officer, will leave the company at the end of the year. This marks a significant leadership change for the global fashion powerhouse behind brands like Calvin Klein and Tommy Hilfiger. In a swift move, PVH named Melissa Stone, the current Executive Vice President of Global Financial Planning & Analysis, as the interim CFO. It’s never dull at the top, and this shake-up proves that even in fashion, numbers people can have dramatic exits!
Leadership Changes at PVH
Stone steps into the role at a crucial time, bringing her extensive experience in financial planning to steer the company through this transition. PVH remains confident about its future and is expected to begin the search for a permanent CFO soon. The company praised Coughlin for his contributions and wished him success in his next chapter. Who says finance isn’t exciting? With moves like these, PVH could start its own reality show!
Sources:
FashionUnited