Ahrendts happens to Hubert Joly, who, after 16 years of service, will not seek the re -election of the company's board of directors. Joly was appointed member of the Ralph Lauren Board in June 2009 and served as the main independent director since 2021. He currently sits in the Talent, Culture and Total Finance Committees and Finance. Joly played a key role in the evolution of the Board, which resulted in its wide diversity of history, skills and experiences.
Ralph Lauren Corporation has appointed Angela Ahrendts as the main independent director, effective after the annual meeting of 2025 on July 31. It happens to Hubert Joly, who will retire after 16 years at the Board. Ahrendts, a director since 2018, presides over the Finance Committee and is recognized for its innovation and leadership of the industry. The Board will include 11 directors after the transition.
“Hubert has been an integral part of our Board and has been fundamental to guide and support our strategy, while incorporating the passion and dedication that defines our brand. We are grateful for their unwavering support and reflective leadership, as well as for the care he has shown for our company and our teams,” he said Ralph Lauren, Executive President and Creative Director.
“Angela has constantly offered a valuable orientation and brought her perspective as an innovative respected in the industry. We hope to continue benefiting us from her leadership and contributions as our new main independent director.” Ralph Lauren aggregate.
“We are proud to have a meeting composed of deep, unique and differentiated experiences, all of which continue to contribute to our strength and durability as a business. I am grateful for Hubert's guide over the years, particularly to help boost the performance and transformation of our company and I hope to work closely with Angela in its expanding role,” he said Patrice Louvet, President and Executive Director.
With the departure of Mr. Joly, the Ralph Lauren Board will consist of 11 directors. The appointment of Mrs. Ahrendts as the new main independent director will be effective after her re -election as director at the Annual Shareholders Meeting of 2025, which will take place on Thursday, July 31, 2025.
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Fiber2Fashion News Desk (RM)
