PVH Appoints Stefan Larsson As President

(RTTNews) - PVH Corp. (PVH), Tuesday said it has appointed Stefan Larsson to a newly created role of President, effective June 3, 2019.

Larsson will have the responsibility for managing PVH's branded businesses and regions, with each of the three brand CEOs and the Regional Presidents reporting to him.

He will report to Emanuel Chirico, PVH's Chairman and Chief Executive Officer. In connection with this announcement, Chirico signed a new five-year employment agreement with the company.

PVH Presiding Director, Henry Nasella commented that "With the signing of Manny's new employment agreement and the hiring of Stefan in the newly created role of President, we believe that PVH is extremely well-positioned from a leadership and a management succession perspective to continue to execute our strategic plans well into the future."

Larsson was most recently Chief Executive Officer of Ralph Lauren Corp., where he successfully refocused the company on what made it iconic, improved its performance and set the path for future growth.