Denim giant Levi Strauss & Co. (LS&Co.) has announced the departure of Roy Bagattini as executive vice president and president for Levi Strauss Americas.
Bagattini will leave the business on 16 February to assume a group CEO position.
He will be succeeded by Marc Rosen, currently executive vice president and president of direct-to-consumer. Rosen will be responsible for leading the company’s largest commercial operations, spanning all brands and channels across the United States, Canada, Mexico, Brazil and the balance of Latin America. He also will retain leadership of the direct-to-consumer business.
Rosen is a veteran retailer who has held roles in e-commerce and international expansion during his nearly 15-year tenure at Walmart.
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“Over the past six years, Marc has proven that he is an agile and collaborative leader who brings deep expertise and a growth mindset to every challenge. Marc has a proven track record, having led our direct-to-consumer business through 15 consecutive quarters of double-digit growth,” said Chip Bergh, president and CEO of Levi Strauss & Co. “Marc’s passion for the consumer, paired with his extensive experience working with wholesale customers, makes him the perfect choice to lead our largest and most complex business.”
Bergh added Bagattini has been a “vital member” of the team that led LS&Co’s turnaround.
“Today, we are set up for continued success. I am grateful for Roy’s contributions to the strong foundation now in place at LS&Co, and I know that he will be a high-impact CEO in his next role.”
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