Fashion
US apparel brand PVH announces CFO transition, reaffirms 2025 outlook
The company has initiated a global search for its next CFO, and during the transition Melissa Stone will serve as Interim CFO. Stone, who has been with PVH for more than two decades, is currently Executive Vice President, Global Financial Planning & Analysis. During her tenure at the company, she has held a series of senior finance roles of increasing responsibility including SVP Accounting, and Assistant Corporate Controller.
PVH Corp has announced the exit of CFO Zac Coughlin, who will stay through year-end and join the upcoming Q3 earnings call.
A global search has begun for his successor, with Melissa Stone appointed Interim CFO.
CEO Stefan Larsson thanked Coughlin for driving the PVH+ Plan and affirmed confidence in Stone.
The company reaffirmed its Q3 and full-year 2025 revenue and earnings guidance.
“I want to thank Zac for his partnership and contributions over the past several years,” said Stefan Larsson, Chief Executive Officer of PVH Corp. “He has played an integral role in advancing our PVH+ Plan progress and significantly driving cost efficiencies. As we continue on our journey to unlock the full potential of Calvin Klein and TOMMY HILFIGER, we would like to wish Zac continued success in his next chapter.”
“Melissa has extensive experience across our company’s financial operations and brings a deep understanding of our global business to this interim role,” continued Larsson. “I’d like to thank Melissa for stepping in as we conduct a search for our next CFO.”
“I’m so proud to have had this unique opportunity to be a part of shaping this chapter in PVH’s growth journey. I look forward to seeing continued momentum of the PVH+ Plan with the strong team in place under Stefan’s leadership,” commented Coughlin.
The Company is reaffirming its third quarter and full year 2025 guidance for revenue and earnings on a non-GAAP basis, as previously announced in its earnings release on August 26, 2025.
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Fibre2Fashion News Desk (RM)