Here are just a few of the interesting executive changes making headlines over this past week:
Ralph Lauren Has New CFO in the Bag
Fashion house Ralph Lauren has hired its new CFO out from under luxury-purse company Coach. Jane Hamilton Nielsen is replacing Robert Madore, the current CFO who has been with Ralph Lauren for a little over a year. Since Stefan Larsson took over as CEO in November 2015, he’s made numerous changes in executive management. Nielsen is seen as one reason for a recent financial turnaround at Coach, and her resignation is concurrent with Coach’s first signs of sales growth in three years.
First British Chair at Baker & McKenzie
International law firm Baker & McKenzie has a new chairman in London head Paul Rawlinson. Rawlinson has been with the firm since 1986 and a partner since 1996. He’s been the head of the firm’s London office since 2013. Rawlinson specializes in intellectual property law. He won an election to replace current chairman Eduardo Leite, beating out competition from leads in the Latin American and EMEA regions and a former Paris managing partner. Rawlinson was recognized for building strong relationships with FTSE-index companies such as Unilever and British American Tobacco.
USA Today Editor Callaway Running for TheStreet
Internet-based financial media firm TheStreet is welcoming a new CEO, USA Today’s editor-in-chief Dave Callaway. Patty Michalski will serve as interim editor for USA Today while its parent company, Gannett, searches for a permanent replacement. Callaway was hired to lead the newsroom by former USA Today president and publisher Larry Kramer in 2012. Kramer left USA Today for TheStreet last year and quickly became both its chairman and interim CEO. Kramer and Callaway have been professionally linked since 1999 when Kramer hired him to be the editor of MarketWatch. Callaway’s legacy at USA Today will largely be that of helping it to transform into a digital publication.
Look for more Executives on the Move next week!