USA: VF Announces Executive Changes in Outdoor Businesses
VF Corporation (NYSE: VFC) announced today several new appointments within its outdoor apparel and daypack businesses.
Mike Egeck has been promoted to president of The North Face, Inc with responsibility for all US operations. Egeck joined The North Face as vice president, RD&D and brand management in August 2000. Prior to joining VF, he was general manager at Columbia Sportswear where he focused on merchandising, design, product development, sourcing, marketing, licensing and key account sales. Egeck will report to Bob Shearer, VF's chief financial officer.
Karl Heinz Salzburger, who has been serving as president of The North Face since November 1999, has been named president of VF's outdoor businesses outside of the US, including The North Face, JanSport and Eastpak brands. Salzburger joined The North Face in 1997 as chief executive officer for the company's European operations. Previously, he served as vice president at Benetton SportSystem and general manager of sales and marketing for the Nordica Group with Benetton SportSystem. Salzburger will also report to Shearer.
"This move strengthens the leadership of our outdoor apparel and daypack businesses and positions VF to take advantage of the many opportunities for our brands worldwide," said Mackey McDonald, chairman and chief executive officer for VF Corporation.
About VF Corporation
VF Corporation is the world's largest apparel company and a leader in jeanswear, intimate apparel, knitwear, workwear, playwear, daypacks and swimwear. Its principal brands include Lee, Wrangler, Riders, Rustler, CHIC, Gitano, Vanity Fair, Vassarette, Bestform, Lily of France, Lee Sport, Healthtex, Jantzen, JanSport, Eastpak, Red Kap and The North Face. VF Corporation's press releases, annual reports and other information can be accessed through the company's home page on the web at http://www.vfc.com.
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