Business
G-III Apparel Group, Ltd. Announces the Election of Three New Board Members: Dr. Joyce F. Brown, Michael Shaffer and Andrew Yaeger
NEW YORK--(BUSINESS WIRE)-- G-III Apparel Group, Ltd. (NasdaqGS: GIII), a global fashion leader with expertise in design, sourcing, and manufacturing,
About this update from G-iii Apparel Group, Ltd.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nG-III Apparel Group, Ltd. (NasdaqGS: GIII), a global fashion leader with expertise in design, sourcing, and manufacturing, announced that at its Annual Meeting of Stockholders held today, Dr. Joyce F. Brown, President of the Fashion Institute of Technology, Michael Shaffer, recently retired Chief Operating Officer and Chief Financial Officer of PVH Corp. and an external advisor to a number of fashion businesses, and Andrew Yaeger, Global Head of Jefferies’ Strategic Equity Transactions Group were elected to G-III’s Board of Directors.\n\n\nMorris Goldfarb, G-III’s Chairman and Chief Executive Officer, said, “We are pleased with the additions of Joyce, Mike and Andrew to our Board of Directors and are looking forward to working with them. Joyce’s understanding of fashion and the evolution of the industry, Mike’s financial acumen and extensive knowledge of our business model and Andrew’s broad experience in the equity and debt markets in both the U.S. and abroad will bring added experience and expertise that will complement our existing Board members and management team. As we look to the future of G-III, I am excited to continue to bring in new perspectives, talent, diversity and ideas that will support our growth.”\n\n\nDr. Brown has been President of Fashion Institute of Technology (FIT) since 1998. She has had over 40 years of experience in public higher education. Before her position at FIT, she held numerous senior administrative posts at City University of New York (CUNY), including Acting President of Bernard Baruch College and Vice Chancellor of the University. She was professor of Counseling Psychology at the Graduate School and University Center of CUNY, where she is currently a professor emerita. Dr. Brown also served as a New York City Deputy Mayor for Public and Community Affairs during the David Dinkins administration. She served on the Board of Directors of Ralph Lauren Corporation from 2001 to 2020.\n\n\nMr. Shaffer spent over 30 years at PVH Corp. holding numerous positions in its wholesale and retail divisions before retiring in 2021. He was Executive Vice President, Chief Operating and Financial Officer of PVH Corp. from May 2006 until October 2021 where he oversaw the retail division, treasury, corporate finance, information technology and logistics services. He currently serves o...