Ralph Lauren executive vice chairman Roger Farah to retire
Ralph Lauren has announced that executive vice chairman Roger Farah will retire from the company this summer.
While officially retiring at the end of May, Farah will remain on the company’s board of directors until his term expires at the annual meeting of stockholders in August.
Commenting on Farah’s imminent departure, chief executive Ralph Lauren said: “During his tenure, Roger helped us assume direct control of our most strategically important regions and merchandise categories, evolving our company into a highly profitable, global business. He’s cultivated an impressive team of leaders who are ready to build on the strong foundation he has established. I wish Roger and his family all the best.”
Farah added: “The last fourteen years have been among the most rewarding of my career. I am confident that the leadership team, under Ralph’s guidance and vision, is well prepared to execute the next phase of the company’s development and continue to create significant value for its shareholders.”
