Prior to joining Nike, Kumekpor held divisional and business unit CFO positions at public companies such as AstraZeneca and Alcon/Novartis and brought deep expertise in scaling complex enterprises. His previous experience spans multiple industries, including management consulting, and he has significant experience in mergers and acquisitions and business transformation, the company said in a press release.
“We are delighted to have Kumekpor join Chico’s FAS Board of Directors. He brings a unique combination of financial acumen along with expertise in developing and executing strategy for a growing vertically integrated retailer who, we believe will be invaluable as Chico’s FAS continues its turnaround. We look forward to leveraging his knowledge and experience as we build on the strong momentum of the business, drive profitable growth and deliver value to our shareholders, Bonnie Brooks, executive chairman of the board of directors, noted.
US fashion company Chico’s FAS has named Nike’s Eli Kumekpor to the company’s board of directors as its new independent director. Kumekpor, a global business leader with more than 20 years of experience across multiple industries, previously served as Vice President and Global CFO of the Jordan Brand and Vice President of Finance for Nike Women Worldwide.
“It is an honor to join the Chico’s FAS Board of Directors at such a crucial time. The company has demonstrated strong results while continuing to deliver to its incredibly loyal customer base across its three brands – Chico’s, White House Black Market and Soma I look forward to working alongside my fellow directors and the talented management team of Chico’s FAS to help guide the company on the path to continued success in the retail industry. . » Kumekpor noted.
The company’s board of directors is made up of ten members, eight of whom are independent.
The company also announced that Stephen E Watson will not stand for re-election to the board of directors at the 2022 annual meeting of shareholders.
Fibre2Fashion (SF) News Desk