07.02.2007 00:19:00
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Polo Ralph Lauren Announces Appointment of John R. Alchin and Jackwyn Nemerov to Board of Directors
Polo Ralph Lauren Corporation (NYSE: RL) today announced the appointment
of John R. Alchin, Executive Vice President and Co-Chief Financial
Officer of Comcast Corporation, and Jackwyn Nemerov, Executive Vice
President of Polo Ralph Lauren, to the Company’s
Board of Directors, effective immediately. Their election brings the
number of directors on the Company’s Board to
11.
"We are very pleased to add such
well-respected and accomplished leaders to our Board of Directors,”
said Ralph Lauren, Chairman and Chief Executive Officer of Polo Ralph
Lauren. "John is a highly-regarded executive,
and I believe the wisdom he has gained during his long and impressive
tenure at Comcast will be very valuable in helping us through our next
phase of growth. Jacki has an outstanding record of accomplishments in
the apparel industry, and her experience and expertise have already
proven to be invaluable to Polo Ralph Lauren since she joined us two and
a half years ago."
Since January 1990, Mr. Alchin has served as a Senior Vice President,
Executive Vice President and Co-Chief Financial Officer of Comcast
Corporation. His responsibilities include managing Comcast’s
capital formation and treasury activities and he is also responsible for
overseeing investor relations. Prior to joining Comcast in 1990, Mr.
Alchin was a Managing Director of Toronto Dominion Bank.
Mr. Alchin has been recognized twice by Institutional Investor magazine
as being among "America’s
Best CFOs.” He was also named Treasury and
Risk Management magazine’s "CFO
to Watch,” and, in 2004 received the CFO of
the Year award from the Broadcast Cable Financial Management Association.
Mr. Alchin is currently a member of the Board of Directors of BNY
Hamilton Funds and the Board of Directors for Big Brothers Big Sisters
of Southeastern Pennsylvania. He also is an Advisory Board Member of
MANNA (Metropolitan AIDS Neighborhood Nutrition Alliance), and a Vice
Chairman of the Corporate Executive Board of Directors of the
Philadelphia Museum of Art.
Ms. Nemerov has been an Executive Vice President at Polo Ralph Lauren
since September 2004. She is responsible for the management of all men’s,
women’s and children’s
wholesale brands, licensed apparel and accessories, and manufacturing.
Before joining Polo Ralph Lauren in 2004, Ms. Nemerov worked at Jones
Apparel Group where she held a variety of executive positions including
President and Chief Operating Officer. She is a highly regarded veteran
of the industry, having worked in apparel for more than 30 years.
ABOUT POLO RALPH LAUREN
Polo Ralph Lauren Corporation (NYSE: RL) is a leader in the design,
marketing and distribution of premium lifestyle products in four
categories: apparel, home, accessories and fragrances. For more than 40
years, Polo’s reputation and distinctive
image have been consistently developed across an expanding number of
products, brands and international markets. The Company’s
brand names, which include Polo by Ralph Lauren, Ralph Lauren Purple
Label, Ralph Lauren, Black Label, Blue Label, Lauren by Ralph Lauren,
RRL, RLX, Rugby, RL Childrenswear, Chaps and Club Monaco,
constitute one of the world’s most widely
recognized families of consumer brands. For more information, go to http://investor.polo.com.
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