GENERAL MERCHANDISE NEWS
Levi Strauss appoints Harmit Singh as CFO
14 December, 2012 | by Retail Bulletin
Levi Strauss has appointed Harmit Singh as executive vice president and chief financial officer of the company.
In his new role, Singh will be responsible for the global information technology and finance functions, including financial planning and analysis, accounting and controls, tax, treasury, risk management, internal audit and investor relations.
He will join Levi Strauss on 16 January and will report to company president and chief executive officer Chip Berg.
Singh has 30 years of financial experience within the hospitality, restaurant and travel industries. Most recently, he was chief financial officer of Hyatt Hotels Corporation, where he led the financial planning and operations for an organization with around 500 hotels across 45 countries. He has also held various global leadership roles at Yum! Brands including CFO of Pizza Hut.
Commenting on the appointment Berg said: “Having led the financial and information technology operations behind some of the largest restaurant and hotel companies, Harmit has extensive experience in developing and implementing growth strategies for companies that serve consumers around the globe. His combination of financial and operational expertise, global experience and deep understanding of Asia will make him a strong addition to our leadership team at Levi Strauss & Co.”
Singh added: “Levi Strauss & Co. is admired around the world for its iconic brands. I am excited to be joining a company with such a rich and established heritage. I look forward to working with leaders in the company and the finance and technology group as we grow the brands globally and enhance value for all stockholders.”
Upon Singh’s arrival, Kevin Wilson, who has served as interim chief financial officer since August 2012, will resume his role as vice president, finance for the Americas Commercial Operations.