NEW YORK, Jan. 16, 2015 /PRNewswire/ -- Kellwood Holding,
LLC, ("Kellwood" or "the Company"), a leading apparel
manufacturer and marketer, today announced the appointment of
Joseph Lombardi as Chief Executive
Officer effective immediately. Lombardi joined Kellwood as
Chief Financial Officer in 2013, and is a proven, results-driven
leader with more than three decades of retail experience across a
variety of sectors, including apparel.
"The Board of Directors is very pleased to name Joe Lombardi as Kellwood's new CEO," said
Mark Brody, Kellwood Board
Director. "He brings a wealth of leadership and industry
experience to the table along with financial acumen. These skills
will be invaluable as the Company continues to build on its strong
foundation for growth."
Lombardi succeeds Lynn Shanahan
who has left the company to reassume her role at the helm of C2
Group – a strategic brand building company . "We appreciate the
significant contributions Lynn made during her tenure at Kellwood
which included the launch of Sam Edelman Apparel and the
acquisition of Parker. We wish her continued success," said
Brody.
"I am excited about the opportunity to serve as CEO for
Kellwood," said Lombardi. "The Company has made real progress
over the past several years with the help and support of the
management team, and I'm confident we will build on our core
strengths and explore new strategies to accelerate our
success."
Prior to joining Kellwood, Lombardi was Chief Financial Officer
of Barnes & Noble where he oversaw strategic planning and
development to focus on growth opportunities and investment
returns. He led a variety of high profile initiatives
involving key mergers, acquisitions, spinoffs, and the disposition
of non-core businesses. Additionally, he implemented asset
productivity improvements, enhanced inventory turnover, and
increased cash flow.
Before his 10-year tenure at Barnes & Noble, Lombardi held
management positions at the Museum Company and Toys"R"Us,
Inc. He began his career at Ernst & Young, where he
became a Partner and worked with a variety of global companies,
including such well known apparel brands as Phillips-Van Heusen, Russ Togs, adidas
USA, Pony and Le Coq Sportif.
About Kellwood
Kellwood Holding, LLC manufactures and markets a portfolio of
premier contemporary fashion brands, junior and women's fashion
labels, and private label apparel. These brands cover a broad range
of consumer lifestyles including Rebecca
Taylor, Sam Edelman, Parker,
XOXO, My Michelle, Jolt, Democracy,
Sangria, Jax, Sag Harbor and
Briggs NY. Kellwood operates retail stores and the e-commerce site
for Rebecca Taylor and the e-tail
store, Mason & Belle. Kellwood Holding LLC is an affiliated
portfolio company of Sun Capital Partners, Inc.
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SOURCE Kellwood Holding, LLC
