Abercrombie & Fitch eliminates COO position
By Prachi Singh
14 May 2019
Abercrombie & Fitch Co. has announced changes as part of its ongoing ‘transforming while growing’ phase, which include the decision to eliminate the role of chief operating officer. As a result, the company said, its COO Joanne C. Crevoiserat will leave the company following a short transition period.
“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,” said Fran Horowitz, Chief Executive Officer, Abercrombie & Fitch Co. in a statement.
The company added that in the newly streamlined organization the company’s chief financial officer, chief information officer, head of global supply chain, and head of the transformation management office will now report to the CEO.