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Pedestrians stroll previous a Levi´s retailer in Hong Kong.
Sopa Photographs | Lightrocket | Getty Photographs
Levi’s CEO Chip Bergh is lastly calling it quits and handing the reins over to his successor Michelle Gass, the previous CEO of Kohl’s, the corporate introduced on Thursday.
Gass will take over the chief government place on January 29 whereas Bergh will formally retire on April 26. He’ll stay on as government vice chair of the board till then and as soon as he is retired, he’ll keep on as an advisor via the top of the fiscal 12 months.
“We wish to thank Chip for his inspirational management and unwavering dedication to the corporate over the past 12-plus years,” mentioned Bob Eckert, the chairman of Levi’s board. “Chip has reworked this firm and can go away it much better than when he arrived. I do know we are going to proceed to learn from Chip’s strategic perspective as he continues to serve on the corporate’s board.”
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