ABERCROMBIE & FITCH ANNOUNCES NEW LEADERSHIP FOR ITS DIVERSITY & INCLUSION PROGRAMS
July 09 2014 - 4:30PM
New Albany, OH, July 9, 2014: Abercrombie &
Fitch (NYSE: ANF) announced that the Company has reorganized its
Diversity & Inclusion structure. Todd Corley, who has led
the Diversity & Inclusion efforts for the Company since 2004,
is transitioning from the organization to launch the TAPO
Institute, which will focus on inclusive leadership based on
principles of transparency, authenticity, persistence, and
optimism.
As part of its continuing commitment to diversity
and inclusion, Abercrombie & Fitch will assign oversight of its
Diversity & Inclusion efforts to Amy Zehrer, Executive Vice
President of Stores. She will assume responsibility for all
Home Office efforts and the Company's approximately 100,000 global
store associates. Ms. Zehrer will continue to report to Mike
Jeffries, Chief Executive Officer of the Company.
"As Chief Diversity Officer, Todd Corley created
and implemented a transformational framework for our D&I
efforts and we are thankful for everything he has contributed over
his ten years with A&F," said Amy Zehrer. "We will further
enhance the great work that has already been completed under Todd's
leadership, such as our stores going from less than ten percent
non-white associates to over 50% today. I look forward to the
next stage of our efforts, and am energized to help further this
initiative within our Home Office and our 1,000 stores around the
world."
Notable recognition and achievements for the
Company's diversity and inclusion efforts include:
-
Being named a Best Place to work for the LGBT
Community from 2007-2014;
-
Receiving a perfect score from the Human Rights
Campaign's Corporate Equality Index for eight consecutive
years;
-
Achieving significant gender diversity among its
senior ranks, with over 40% of the Company's vice presidents, and
75% of executive vice presidents being female. In addition,
one-third of directors on the Company's newly-constituted Board of
Directors are female;
-
Applying our framework on inclusion to
anti-bullying efforts and making significant financial
contributions to initiatives like the 2013 Anti-Bullying campaign,
"Are You an Ally?";
-
Establishing the A&F Global Diversity and
Leadership scholarship program with the National Society of High
School Scholars (NSHSS); and
-
Establishing a Diversity & Inclusion
training program with required participation for all Home Office,
Distribution Center and Store Management associates.
"I am proud of the accomplishments we have made
together as an organization," said Todd Corley. "The efforts began
around race and ethnicity but evolved to include diversity in the
way people think, cultural differences, and creating an inclusive
place to work."
Mike Jeffries, CEO of Abercrombie & Fitch,
said, "We are very grateful for the time Todd spent with A&F
and all that he has helped achieve. We have accomplished so much,
and I am confident that we will continue to maintain our high
standards with diversity and inclusion, a cause to which the
Company is strongly committed."
About Abercrombie &
Fitch
Abercrombie & Fitch Co. is a leading global
specialty retailer of high-quality, casual apparel for Men, Women
and kids with an active, youthful lifestyle under its Abercrombie
& Fitch, abercrombie, Hollister Co. and Gilly Hicks brands. At
the end of the first quarter, the Company operated 842 stores in
the United States and 157 stores across Canada, Europe, Asia and
Australia. The Company also operates e-commerce websites at
www.abercrombie.com, www.abercrombiekids.com, www.hollisterco.com
and www.gillyhicks.com.
About The TAPO
Institute
The TAPO Institute, a think tank and strategic
advisor advocating inclusive leadership, draws its inspiration from
today's generation being transparent, authentic, persistent and
optimistic about inclusion. Visit tapoinstitute.org to learn
more.
Media Contact:
Public Relations
Abercrombie & Fitch
(614) 283-6192
Public_Relations@abercrombie.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Abercrombie & Fitch Co via Globenewswire
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