Daniel Grieder will succeed Fred Gehring as new CEO for Tommy Hilfiger group
30 Oct. 2013
Tommy Hilfiger Group: Grieder succeeds GehringPVH Corp. has announced the succession plan for Fred Gehring, currently Chief Executive Officer, Tommy Hilfiger and PVH International. Daniel Grieder will succeed Fred Gehring as new CEO of the group while Gehring will become Chairman, Tommy Hilfiger and Vice Chairman, PVH Corp. by the end of its fiscal year 2014. In his new role, that is part time, Gehring will be involved in establishing the overall strategy of Tommy Hilfiger, as well as serve as an advisor to Daniel Grieder. As Vice Chairman of PVH Corp., Gehring will also serve as an advisor to Manny Chirico, PVH’s Chairman and Chief Executive Officer on matters related to PVH.
Gehring led the introduction of Tommy Hilfiger into the European market in 1997. He assumed the role of global Chief Executive Officer in 2006 when he led a management buy-out of the Tommy Hilfiger Group supported by Apax Partners. The Tommy Hilfiger Group was acquired by PVH Corp. in 2010, with Gehring adding the title of Chief Executive Officer, PVH International in addition to his role at the Tommy Hilfiger Group.
“Fred Gehring has been an exceptional partner since our acquisition of Tommy Hilfiger in 2010. Under his leadership, Tommy Hilfiger has consistently been a top performer among PVH Corp.’s portfolio of global lifestyle brands,” said Mr. Chirico. “Daniel Grieder has worked closely with Fred since moving to Tommy Hilfiger Europe’s Amsterdam headquarters in 2003, and his ascension to global CEO of the Group is a natural progression. We believe our advance preparation for this internal succession plan, Fred’s continued active visionary involvement and Daniel’s operational excellence and leadership will ensure continuity in the development and growth of our Tommy Hilfiger businesses worldwide and drive the Calvin Klein Europe business forward,” said Mr. Chirico.
Daniel Grieder has worked with Tommy Hilfiger Europe since 1997, initially as Managing Director for the brand in Switzerland and Austria. In 2003, he relocated to the Tommy Hilfiger Europe headquarters in Amsterdam, and in 2008 was appointed Chief Executive Officer of Tommy Hilfiger Europe. Following PVH’s acquisition of The Warnaco Group, Inc. in February of this year and the integration of the Calvin Klein Europe operations into the Tommy Hilfiger Europe headquarters, Grieder’s role expanded to include Chief Executive Officer of PVH Europe.
As part of the continued integration and development of the European Tommy Hilfiger and Calvin Klein businesses, the Company also announced the appointment of two senior executives to lead the Tommy Hilfiger and Calvin Klein brands in Europe. Reporting directly to Daniel Grieder, Peter Schlagboehmer will take on the role of President/Brand Management, Tommy Hilfiger Europe. Schlagboehmer joined Tommy Hilfiger in 2007, and since 2010 has held the role of SVP Retail Europe overseeing the growth of the brand’s European retail business. Additional, Iris Epple will assume the role of President/Brand Management of Calvin Klein Europe, following 10 years in key wholesale and retail management roles at Tommy Hilfiger Europe. She will also report directly to Daniel Grieder.
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