Ralph Lauren Corporation (NYSE:RL) announced today that Steven P. Murphy
has been hired as a consultant to advise management regarding strategic
and other business matters. As a result, Mr. Murphy has resigned from
the Company’s Board of Directors.
“Steven has been a highly valued member of our Board of Directors and
provided us with extensive insight and guidance during his tenure,” said
Ralph Lauren, Chairman and Chief Executive Officer. “On behalf of the
entire Board of Directors, we thank Steven for his many years of
dedicated service and look forward to working with him in a new
capacity.”
Mr. Murphy served on Ralph Lauren Corporation’s Board since November
2005. He was the Chief Executive Officer of Christie’s International plc
from September 2010 through December 2014. He previously served as the
President and Chief Executive Officer of Rodale Inc. from 2002 to
December 2009, and joined Rodale in 2000 as its President and Chief
Operating Officer.
ABOUT RALPH LAUREN
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 47 years, Ralph
Lauren'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
Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Collection, Black
Label, Lauren by Ralph Lauren, Double RL, RLX, Ralph Lauren
Childrenswear, Denim & Supply Ralph Lauren, American Living, Chaps and
Club Monaco, constitute one of the world's most widely recognized
families of consumer brands. For more information, go to http://investor.ralphlauren.com.
The information made available on the Company’s website and during the
conference call contain certain "forward-looking statements" within the
meaning of the federal securities law that reflect the Company’s view of
future events and financial performance as of such date. All such
forward-looking statements are subject to risks and uncertainties stated
from time to time in the Company’s SEC filings. As a result, the
Company’s future results of operations could differ materially from
historical results or current expectations, as more fully discussed in
its SEC filings. The information made available also may include certain
non-GAAP financial measures, as defined under SEC rules. A
reconciliation of these measures will be included in the Company’s
earnings release, which will be posted on the Company’s website, http://investor.ralphlauren.com,
and included in the Company’s current report on Form 8-K to be furnished
to the SEC in advance of the conference call. The Company undertakes no
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
Copyright Business Wire 2015