In his new role, which reduces his time commitment to the business, Mr. This is the optimal structure to take the Company through the next phase of growth and to support the continued global expansion of the business." We have made tremendous progress in recent years by expanding into new markets, growing our global luxury presence, improving our direct-to-consumer reach and innovating in new product categories, but there is more to do. "Shepherding the growth and development of Ralph Lauren has been an incredible professional accomplishment, and I am very excited about the opportunities that lie ahead. "I am extremely proud of this Company and the incredible success it has achieved," said Roger Farah. Roger's transition to Executive Vice Chairman will allow him to focus more specifically on business development and strategic initiatives while Jacki and Chris work with me to run the day-to-day business." "His leadership, strategic guidance and friendship have been invaluable to me and the entire Company, and his impact on the Company has been extraordinary. "Over the past thirteen years, Roger has played a critical role in driving the Company forward and has presided over an unprecedented era of growth and accomplishment," added Mr. ![]() They will work with Roger and me as partners to shape the future of the Company. Chris is a world-class executive who has impressed me immensely with his ability to rapidly assimilate into Ralph Lauren and command the respect of the organization. Jacki is a deeply experienced merchant and business leader, with profound knowledge of all facets of this Company and brand. "I chose Jacki and Chris to work alongside me because their outstanding leadership skills, unrelenting focus on performance and broad, global experience will improve our ability to take advantage of the tremendous opportunities ahead. ![]() "This is the right team to take this Company forward and the right time to be making these changes," said Ralph Lauren. The changes will be effective as of November 1, 2013, allowing for a smooth transition period. The Office of the Chairman is being created to enhance the Company's ability to support the growth of the business in an increasingly complex global environment and capitalize on new business opportunities. Christopher Peterson, currently Senior Vice President (SVP) and Chief Financial Officer (CFO), will become Executive Vice President and Chief Administrative Officer (CAO) in addition to his role as CFO. Jackwyn Nemerov, currently Executive Vice President (EVP), will become President and COO. Roger Farah, currently President and Chief Operating Officer (COO), will become Executive Vice Chairman. NEW YORK-( BUSINESS WIRE)- Ralph Lauren Corporation ( NYS: RL) (the "Company") today announced plans to introduce changes to its leadership team and to create an Office of the Chairman, led by Ralph Lauren, Chairman and Chief Executive Officer (CEO) of the Company, and including Roger Farah, Jackwyn Nemerov and Christopher Peterson. Jackwyn Nemerov to be Appointed President and Chief Operating OfficerĬhristopher Peterson to be Named Executive Vice President, Chief Administrative Officer and Chief Financial Officer Roger Farah to Become Executive Vice Chairman ![]() Ralph Lauren Corporation to Create an Office of the Chairman
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