HanesBrands Leader Gerald Evans Recognized as 2020 Most Admired CEO
July 07 2020 - 8:55AM
Business Wire
Triad Business Journal honoring Evans for outstanding
contributions to his company and the Piedmont Triad region of North
Carolina
HanesBrands, a leading global basic apparel marketer under
leading consumer brands, today announced its Chief Executive
Officer Gerald W. Evans Jr. has been recognized as a most-admired
CEO in the Piedmont Triad, North Carolina, region with a 2020
C-Suite Award from the Triad Business Journal.
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HanesBrands Chief Executive Officer
Gerald W. Evans Jr. has been recognized as a most-admired CEO in
the Piedmont Triad, North Carolina, region with a 2020 C-Suite
Award from the Triad Business Journal. (Photo: Business Wire)
Evans, a native of Florence, South Carolina, joined HanesBrands
in 1983 after earning his MBA from the University of South
Carolina. He served in a variety of roles, including international
assignments and COO, before taking the helm as CEO in 2016.
“Gerald has been an invaluable member of the HanesBrands team
during his 37 years of dedicated service,” said Ronald L. Nelson,
the company’s chairman of the board. “Under his leadership, the
company has expanded its geographic footprint; broadened its
portfolio of premium brand offerings; and pioneered product,
process and supply chain innovation to help transform Hanes into
the world’s largest everyday basic apparel company.”
Responding to the COVID-19 pandemic, Evans led the company’s
effort to help fight the spread of the disease by converting
production of apparel to production of more than 450 million
washable and reusable all-cotton face masks. Evans also marshaled
the company’s apparel design and manufacturing expertise to quickly
fulfill the critical need of the U.S. government for more than 20
million medical gowns distributed to hospitals and healthcare
facilities. HanesBrands is now manufacturing reusable fabric
non-medical-grade fabric face masks, which are available to
businesses and consumers.
“I am truly honored to be recognized with this award, but even
more proud to represent HanesBrands’ 60,000-plus employees in North
Carolina and around the globe,” Evans said. “What our amazing team
has been able to accomplish through the years, even during some of
the most challenging circumstances, has never ceased to impress me.
That’s why this award is as much theirs as it is mine – and I
couldn’t be more grateful.”
Under Evans’ leadership, the company has increased earnings per
share, strengthened its balance sheet, generated organic sales
growth , increased annual revenue to nearly $7 billion, and
generated a record $2.1 billion in cumulative operating cash flow
over the past three years. Evans has guided rapid growth of the
company’s international commercial operations, overseen the
doubling of annual global Champion brand sales to nearly $2
billion, and championed increased consumer-directed sales with 25%
of total revenue now occurring online or through brand stores.
Evans is an active member of the CEO Roundtable, a business
group of company presidents, owners, and CEOs. He sits on the
Valvoline board of directors and is a member of the group’s
compensation and governance and nominating committees. During his
tenure at HanesBrands, Evans and his wife, Lee, have been key
leaders in the community, giving both their time and resources to
support many organizations and initiatives.
Evans has announced he will be stepping down as HanesBrands CEO
effective Aug. 3. Evans will oversee the leadership transition and
remain as an advisor to the company through 2021. Stephen B.
Bratspies, who most recently served as chief merchandising officer
at Walmart Inc., will succeed Evans as HanesBrands CEO.
For more information, visit www.Hanes.com/corporate.
HanesBrands
HanesBrands (NYSE: HBI) is a socially responsible leading
marketer of everyday basic innerwear and activewear apparel in the
Americas, Europe, Australia and Asia-Pacific. The company markets
T-shirts, bras, panties, shapewear, underwear, socks, hosiery, and
activewear under some of the world’s strongest apparel brands,
including Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex,
Bras N Things, Nur Die/Nur Der, Alternative, L’eggs, JMS/Just My
Size, Lovable, Wonderbra, Berlei, and Gear for Sports. More
information about the company and its award-winning corporate
social responsibility initiatives may be found at
www.Hanes.com/corporate. Visit our newsroom at
https://newsroom.hanesbrands.com/. Connect with the company via
social media: Twitter (@hanesbrands), Facebook
(www.facebook.com/hanesbrandsinc), Instagram (@hanesbrands), and
LinkedIn (@Hanesbrandsinc).
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version on businesswire.com: https://www.businesswire.com/news/home/20200707005532/en/
Matt Hall, 336-251-3689 (cell) or matt.hall@hanes.com
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