EXCLUSIVE: Stefan Larsson Named PVH President

Stefan Larsson has found a new home at PVH Corp. — and a path back to the corner office. The former chief executive office of Ralph Lauren Corp. is going to serve as president of PVH, overseeing the company’s brands, including Tommy Hilfiger and Calvin Klein. His first day is June 3. Larsson will report to Emanuel Chirico, chairman and ceo, who just signed a new five-year employment contract. The plan is for Chirico to move to executive chairman over the next three to four years and have Larsson take over as ceo. “We wanted to bring Stefan in, give him a chance to learn the company,” Chirico told WWD in an exclusive joint interview with Larsson. “He obviously already knows the industry cold, but [give him] a chance to learn the company, the people, not walk into — like he has had to in the last few situations, what I would describe as turnaround situations. PVH is not that. So having the ability to walk in and really take the business in, understand it and then the two of us work together on the strategy.” Larsson, who left Lauren two years ago after clashing with founder Ralph Lauren, said he’s coming into PVH

Follow WWD on Twitter or become a fan on Facebook.

Read More...

from WWDWWD http://bit.ly/2LZ2uQw