PVH hires new chief financial officer from LVMH subsidiary

Zac Coughlin is PVH’s new executive vice president and chief financial officer.

He will take over the positions on April 4, the US clothing company, which owns the brands Calvin Klein and Tommy Hilfiger, announced on Wednesday. Reporting directly to PVH CEO Stefan Larsson, Coughlin will be responsible for all finance functions.

“I look forward to working with Stefan and the entire PVH team to envision and execute the next growth chapter for the company, driving sustainable, profitable growth and building on the strength of its people and iconic brands,” said Coughlin .

New CFO comes from LVMH subsidiary

Coughlin comes from DFS Group Limited, a subsidiary of French luxury goods group LVMH. There he served as Chief Financial Officer and Chief Operating Officer. Prior to that, he was Nike’s CFO for the Converse brand, supporting the global wholesale, retail and e-commerce business.

“Zac brings more than 20 years of financial and operational leadership experience to world-class global companies. His great strength in financial management and consistent track record of creating value stem from his strong business acumen, operational skills and ability to break through complexity,” said Larsson. “Zac’s leadership skills will be an important addition to our management team as we look to build PVH’s next growth chapter.”

Former interim CFO Jim Holmes will retain his role as executive vice president when Coughlin joins PVH.

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