PITTSBURGH–(BUSINESS WIRE)–American Eagle Outfitters (NYSE: AEO) today announced that Bob Madore
has been appointed Executive Vice President and Chief Financial Officer,
reporting to Chief Executive Officer, Jay Schottenstein, effective
October 28, 2016.
In this role, Bob will oversee all aspects of Finance, Merchandise
Planning and Allocation and Investor Relations. Bob joins AEO as a
seasoned retail executive with extensive public company financial and
operational experience, most recently as SVP, Chief Financial Officer at
Ralph Lauren Corporation. Since 2004, he has served in various senior
management roles at Ralph Lauren, where he was instrumental in growing
its global business across multiple channels, concepts and product
categories. Prior to that, Bob served in senior finance and retail
operational roles at Nine West Group and New York and Company.
Jay Schottenstein, CEO commented, “I am excited to welcome Bob to
American Eagle Outfitters and look forward to benefiting from his
extensive financial and operational retail experience, global
perspective and leadership as we execute our growth plan. I’m confident
that Bob will be an excellent addition to our executive team and
instrumental in driving continued shareholder returns. Additionally, I’d
like to thank Scott Hurd, SVP and Chief Accounting Officer, for his
leadership and contributions as Interim CFO over the past several
months. Scott will play an integral role in onboarding Bob and will
continue to have a leadership role within Finance.”
Bob Madore remarked, “I’m pleased to join American Eagle Outfitters at
an exciting time of transformation and growth. I look forward to
building upon its success and contributing to a strong future.”
About Bob Madore:
Bob Madore served as the Chief Financial Officer of Ralph Lauren
Corporation from April 2015 to September 2016. Prior to that role, he
held a number of key financial and operational roles at the Ralph Lauren
Corporation, including Senior Vice President of Corporate Finance from
December 2010 to March 2015, and Senior Vice President of Operations and
Chief Financial Officer of its retail division from 2004 to December
2010. Before joining Ralph Lauren, Bob was Chief Financial Officer for
New York & Company from 2003 to 2004, and served as Chief Operating
Officer and Chief Financial Officer of FutureBrand, a division of McCann
Erickson, from 2001 to 2003. Before that, he held various executive
management positions at Nine West Group, Inc. from 1995 through 2000.
Bob began his career in 1987 at Deloitte & Touche until 1995, and holds
a Bachelor of Science in Accounting and Economics from Southern
Connecticut State University. He is a certified public accountant.
About American Eagle Outfitters, Inc.
American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global
specialty retailer offering high-quality, on-trend clothing, accessories
and personal care products at affordable prices under its American Eagle
Outfitters® and Aerie® brands. The company operates more than 1,000
stores in the United States, Canada, Mexico, China, Hong Kong and the
United Kingdom, and ships to 81 countries worldwide through its
websites. American Eagle Outfitters and Aerie merchandise also is
available at more than 150 international stores operated by licensees.
For more information, please visit www.ae.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward-looking statements, which
represent our expectations or beliefs concerning future events,
including strong business results. All forward-looking statements made
by the company involve material risks and uncertainties and are subject
to change based on factors beyond the company’s control. Such factors
include, but are not limited to the risk that the company’s operating,
financial and capital plans may not be achieved and the risks described
in the Risk Factor Section of the company’s Form 10-K and Form 10-Q
filed with the Securities and Exchange Commission. Accordingly, the
company’s future performance and financial results may differ materially
from those expressed or implied in any such forward-looking statements.
The company does not undertake to publicly update or revise its
forward-looking statements even if future changes make it clear that
projected results expressed or implied will not be realized.
American Eagle Outfitters, Inc.
Deb Wagner, 412-432-3300