ABERCROMBIE & FITCH COO JONATHAN RAMSDEN TO STEP DOWN
May 05 2016 - 8:15AM
New Albany, OH, May 5,
2016 - Abercrombie & Fitch Co. (NYSE: ANF) (the "Company")
announced today that Jonathan Ramsden has informed the Company that
he intends to step down as Chief Operating Officer and resign from
the Company effective June 15, 2016. At that time, Mr. Ramsden's
responsibilities will be assumed by other members of the Office of
the Chairman which, in addition to Mr. Ramsden, include Arthur
Martinez, Executive Chairman; Fran Horowitz, President and Chief
Merchandising Officer; Joanne Crevoiserat, Executive Vice President
and Chief Financial Officer; and John Gabrielli, Senior Vice
President of Human Resources.
Commenting on the announcement, Mr. Martinez said:
"The Board and I are grateful for Jonathan's contributions to
Abercrombie & Fitch over the past seven years, which have
helped position the Company for future profitable growth. We
wish him all the best as he prepares to move into a new chapter in
his life and career."
Mr. Ramsden said: "I have a strong attachment to
Abercrombie & Fitch and to the fantastic group of people I work
with every day. The decision to leave was a very difficult
one, but I know that the Company is in the hands of an outstanding
leadership team and that we have built a strong foundation for
growth and success. I look forward to working with my
colleagues over the next several weeks to ensure a smooth
transition."
Mr. Ramsden joined Abercrombie & Fitch as
Executive Vice President and Chief Financial Officer in December
2008 and has been the Company's Chief Operating Officer since
January 2014.
About Abercrombie & Fitch
Co.
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 kids and Hollister Co. brands. At the end of the
fiscal year, the Company operated 754 stores in the United States
and 178 stores across Canada, Europe, Asia and the Middle East. The
company also operates e-commerce websites at www.Abercrombie.com,
www.abercrombiekids.com and www.HollisterCo.com.
Media Contact:
Dawn Dover
Kekst
(212) 521-4817
dawn.dover@kekst.com
Investor Contact:
Brian Logan
Abercrombie & Fitch
(614) 283-6877
Investor_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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