US' LS&Co selects Harmit Singh as chief financial & growth officer

Singh is a seasoned financial executive with almost 30 years of experience in driving growth for global consumer brands. He joined LS&Co in 2013 and, in addition to his new areas of responsibility, has accountability for the company’s finance, information technology, strategic sourcing, and global business services functions globally, according to a press release.

“I’m pleased to share that Harmit’s role is expanding to chief financial and growth officer,” said Chip Bergh, chief executive officer at LS&Co. “Harmit and I have had a great working relationship, and I cannot understate the role that he has played as my partner these last 10 years in turning the company around, taking it public, instilling financial discipline, and driving accelerated, profitable growth. In this expanded role, Harmit will assume additional responsibilities for strategy and retail real estate. I’m certain with the expansion of his role, he will continue to be a key partner for me and president Michelle Gass in steering the company to our long-term goals.”

“I am both humbled and excited to be taking on the new role given the tremendous opportunity for our portfolio of brands,” said Singh. “I remain committed to this company and delivering on our long-term plan and working with Chip and Michelle to deliver for our stakeholders.”

Fibre2Fashion News Desk (NB)