Liz Claiborne's boss to retire at year end, president named
25 Jan '06
4 min read
Charron said, "Trudy Sullivan is an outstanding executive with strong strategic, operating and business development skills. Trudy's exceptional leadership qualities, marketing and merchandising expertise, deep understanding of our global brands, and strong relationships with associates, customers and the Wall Street community, make her a key player on the Liz Claiborne team. The company will undoubtedly benefit from Trudy's years of experience in retail and direct-to-consumer business, and we look forward to an even greater contribution from her in her new role as President."
Charron continued, "I am very proud of what we have accomplished over the past 12 years. With a robust and diverse portfolio of high-quality brands, deep bench of management and creative talent, powerful supply chain, and strong balance sheet and cash flow, the company is well positioned in today's unforgiving environment. There is much to be accomplished in 2006, and I look forward to achieving our business goals while working closely with the Board to effect a smooth succession."
Sullivan said, "I am extremely pleased to be taking on the role of President at this important juncture in the company's development. During my tenure, I have been privileged to help grow our business into one of the most diverse and well-balanced portfolios in the industry with products sold around the world in every major retail channel. I look forward to continuing to work with the talented people at Liz Claiborne Inc as we seek to take full advantage of our many market opportunities in the years ahead."
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