PVH Corp announced the departure of Zac Coughlin, Chief Financial Officer, who will be pursuing opportunities outside the retail and apparel industry.
Melissa Stone, EVP Global Financial Planning & Analysis, appointed as Interim CFO during the transition period.
The company reaffirmed its third quarter and full year 2025 guidance for revenue and earnings on a non-GAAP basis.
CFO Departure
Zac Coughlin, the CFO, is leaving the company to explore opportunities outside the retail and apparel industry.
Interim CFO
Melissa Stone, with over two decades of experience at PVH Corp, will serve as the Interim CFO during the transition period.
Guidance Reaffirmation
PVH Corp reaffirmed its third quarter and full year 2025 guidance for revenue and earnings as previously announced.
- The departure of the CFO may impact the financial strategy and decision-making processes at PVH Corp during the transition period.
- Melissa Stone's extensive experience within the company's financial operations provides stability and continuity during the CFO transition.
PVH Corp is poised to navigate the CFO transition smoothly with Melissa Stone assuming the role of Interim CFO. The reaffirmation of guidance signals confidence in the company's financial performance. Investors await further updates during the upcoming conference call on December 4, 2025.