Fashion

US ‘Chico’s FAS appoints Kevin Mansell as chairman of the board


US’ Chico’s FAS has announced that its board of directors has appointed Kevin Mansell as its next chairman, effective immediately following the company’s 2022 annual shareholder meeting. With Mansell’s appointment, the chairman of the board will again be an independent director. Chico’s FAS is the leading fashion retailer in North America.

Mansell succeeds Bonnie Brooks, who has served as executive chairman of the board since 2020 and will continue to serve as director and member of the merchant and executive committees. Mansell joined the board in April 2021 and has served as the main independent director since the company’s 2021 annual shareholder meeting. Mansell has over 40 years of retail experience, including leading a publicly traded Fortune 500 retail company with a substantial omnichannel presence and strategic, commodity, and financial expertise. . Prior to joining Chico’s FAS board, he spent more than 35 years at Kohl’ group, most recently serving as chairman, chief executive officer and chairman before retiring in May 2018. 2018, the company said in a press release.

“On behalf of the board, we appreciate Brooks’ leadership as executive chairman through an unprecedentedly challenging and transformative time for Chico’s FAS. Brooks’ expertise, insight, and guidance have been invaluable to the board and company over the past two years, especially due to the disruptions caused by the pandemic. Mansell has been a key voice on the board since joining the board last year, and we are delighted that he has agreed to serve as chairman. Our entire board is excited to work with him in this new leadership role and we look forward to continuing to benefit from his perspective and draw on his profound experience. in the retail industry,” Jan Fields, chairman of the company’s nomination and corporate governance committeesaid in a statement.

US’ Chico’s FAS has announced that its board of directors has appointed Kevin Mansell as its next chairman, effective immediately following the company’s 2022 annual shareholder meeting. With Mansell’s appointment, the chairman of the board will again be an independent director. Chico’s FAS is the leading fashion retailer in North America.

“It is a great honor to lead Chico’s FAS board, especially during a time when we need to navigate the impact of the pandemic on the retail industry, to appoint a new Chief Executive Officer to lead Chico’s FAS into the future and take important steps to position our three brands for long-term success. The company recently posted its best Q4 earnings performance in four years, demonstrating the phenomenal progress the management team, led by Molly Langenstein, is making against our turnaround plan. Chico’s FAS is now in a strong position in its history. I look forward to continuing to serve on the board alongside Mansell and my other directors as the company strives to continue delivering on customers and driving sustainable and profitable growth.” Brooksspeak.

Fiber2 fashion news desk (GK)





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