Abercrombie & Fitch eliminates chief operating officer role
US fashion retailer Abercrombie & Fitch has eliminated the position of chief operating officer as part of its transformation plans.
The change means that the company’s current chief operating officer, Joanne Crevoiserat, will leave Abercrombie following a short transition period.
In addition, a new organisational structure will see the company’s chief financial officer, chief information officer, head of global supply chain, and head of the transformation management office all report to Abercrombie’s chief executive, Fran Horowitz.
Horowitz said: “Based on the progress of our company-wide transformation initiatives, and the continuing focus on driving additional agility and efficiency throughout the business, we have decided to eliminate the COO role. Joanne has been a key partner in our transformation journey over these past five years, helping stabilize the business and embed transformation across the organization. I am grateful for her many contributions across the company.”