Levi new chiefs to oversee North American & Asian Pacific regions
18 Oct '06
3 min read
The company's board of directors subsequently accepted Marineau's recommendation to designate John Anderson, a 27-year veteran of the company, as LS&CO.'s next president and CEO. Anderson recently was president of the company's Asia Pacific region and president of LS&CO.'s global sourcing organization before being named chief operating officer in July.
“John Anderson and I have been working closely to ensure a smooth transition when I retire and he becomes CEO,” said Phil Marineau. “We've been collaborating on the company's strategic business plans and a number of senior leadership changes. With these appointments, John will begin his term as CEO with very strong leadership teams running our North America and Asia Pacific regions.”
LS&CO.'s business is organized into three geographic regions: North America, Europe and Asia Pacific. In fiscal year 2005, these regions represented approximately $2.5 billion, $980 million and $690 million of the company's approximately $4.1 billion total sales, respectively. In addition to comprising markets such as Japan, Korea, India and China, the company's Asia Pacific region also covers South America, the Middle East and Africa.
marketing@alchempro.com
