KUALA LUMPUR, June 3 -- PVH Corp has announced that Martijn Hagman will succeed Daniel Grieder as Tommy Hilfiger Global & PVH Europe chief executive officer (CEO), effective June 2.
According to a statement, Grieder is stepping down after 23 years in various management roles within the organisation, to pursue other interests.
Hagman is currently Tommy Hilfiger Global & PVH Europe chief operating officer and Tommy Hilfiger Global chief financial officer, overseeing operations, finance, digital business transformation, technology, business development and the Tommy Hilfiger global sustainability programme.
He is a 12-year veteran of the Tommy Hilfiger leadership team and has been instrumental in Tommy Hilfiger’s impressive global expansion and the strategy that has led to PVH Europe’s consistent year-over-year growth.
Under Grieder’s entrepreneurial leadership, Tommy Hilfiger has been positioned as a leading lifestyle company with best-in-class product, consumer engagement, digitalisation and corporate responsibility initiatives.
Since Grieder became CEO in 2014, the Tommy Hilfiger business grew from US$6 billion to over US$9 billion in retail sales in 2019, and the Calvin Klein European business more than doubled in revenues and earnings. (US$1 = RM4.25)
Grieder will help transition his responsibilities over the next few months to ensure a smooth and successful transition.
Both Grieder and Hagman have worked side by side with the brand’s founder and principal designer, Tommy Hilfiger for many years.
-- BERNAMA
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