Centric Brands Inc. Names Anurup Pruthi Chief Financial Officer
November 06 2018 - 8:00AM
Business Wire
Glenn Krevlin to Join Board of
Directors
Centric Brands Inc. (the “Company”) (NASDAQ: CTRC), a leading
lifestyle brands collective, formerly known as Differential Brands
Group Inc., today announced that Anurup Pruthi has joined the
Company and has assumed the role of Chief Financial Officer
effective immediately. Anurup will report to Jason Rabin, Chief
Executive Officer.
“We are thrilled to have a seasoned retail executive like Anurup
join our team as we begin to build and grow Centric Brands. With
more than 25 years of experience spanning numerous financial and
operational roles at large retail and consumer branded companies
across the globe, Anurup brings extensive knowledge and expertise
to our executive team. I look forward to partnering with him as we
leverage and grow our core expertise in women’s, men’s and kids’
apparel and accessories,” said Jason Rabin, Chief Executive
Officer.
Mr. Pruthi most recently served as Chief Financial Officer at
The Children’s Place, the largest pure-play children’s specialty
retailer in North America with annual sales of nearly $2.0 billion
and more than 1,000 stores across the globe. Prior to this role,
Mr. Pruthi served as the Chief Financial Officer of the retail
subsidiary of Reliance Industries, as well as the Chief Executive
Officer of the Future Group business consulting and services
company. He also held senior executive financial and operational
positions at Burberry PLC, Mexx Europe Holding, a subsidiary of Liz
Claiborne, Inc., and at Liz Claiborne, Inc. Mr. Pruthi holds a
Master's Degree in Finance and Bachelor of Science in Finance from
Bentley College.
Mr. Pruthi stated. “I am extremely excited to join Centric
Brands Inc. today. I look forward to working with Jason and the
talented executive team to capitalize on the many opportunities
that lie ahead for the Company and deliver value to our
shareholders.”
In addition, Centric Brands Inc. has also announced that Glenn
Krevlin will join the Company’s Board of Directors effective
immediately.
“Glenn brings over thirty years of experience advising and
investing in top-tier consumer brands. He holds long standing
positions on other public company consumer boards of directors and
has been instrumental in helping to lead various growth efforts for
companies,” said William Sweedler, Managing Partner of Tengram
Capital Partners LP and Chairman of the Board of Directors. “We’re
thrilled that Glenn has joined the Centric Brands board and know
that he will be a valuable addition to our team as we continue to
grow the Company and pursue the market opportunities ahead.”
Mr. Krevlin is Founder, Principal & Portfolio Manager of
Glenhill Capital, a fundamental equity investment manager founded
in 2001. Prior to founding Glenhill Capital, he was Partner &
Portfolio Manager at Cumberland Associates for 11 years and began
his career at Goldman Sachs. Mr. Krevlin currently serves on the
Board of Directors for Design Within Reach, Inc. and served as a
member of the Board of Directors for Restoration Hardware Inc for
over 15 years. Mr. Krevlin graduated from Wesleyan University in
1982, where he received his BA in Economics and Government; and
from New York University Stern School of Business in 1988 with an
MBA.
About Centric Brands:
Centric Brands (NASDAQ: CTRC) is a leading lifestyle brands
collective, bringing together creative minds from the worlds of
fashion and commerce, sourcing, technology, marketing and digital.
We design, produce, manage and build kids’ wear and women’s and
men’s accessories and apparel and distribute our products across
all retail and digital channels in North America and in
international markets. We also license over 100 brands across our
core product categories including kids’, women’s and men’s
accessories and apparel. Our company-owned brands are Hudson®, a
designer and marketer of women's and men's premium, branded denim
and apparel, Robert Graham®, a sophisticated, eclectic apparel and
accessories brand seeking to inspire a global movement, and SWIMS®,
a Scandinavian lifestyle brand best known for its range of
fashion-forward, water-friendly footwear, apparel and accessories.
We employ approximately 4,000 employees in offices in New York
City, Greensboro, Los Angeles and Montreal, and in stores
throughout North America. For more information, please visit
Centric Brands’ website: www.centricbrands.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181106005291/en/
Investor RelationsICR - Tom Filandro/Caitlin
Morahan203-682-8200CentricBrandsIR@icrinc.comorMedia RelationsICR -
Jessica Liddell/Brittany Fraser203-682-8200CentricBrandsPR@icrinc.com
Centric Brands (NASDAQ:CTRC)
Historical Stock Chart
From Jul 2024 to Jul 2024
Centric Brands (NASDAQ:CTRC)
Historical Stock Chart
From Jul 2023 to Jul 2024