Caleres Elects Kyle Gendreau and Molly Langenstein to the Board of Directors
November 07 2024 - 4:30PM
Business Wire
Caleres (NYSE: CAL) today announced the election of two new
members to its board of directors, increasing its board size to
twelve.
Kyle Gendreau is currently chief executive officer and executive
director of Samsonite International S.A., a leader in the global
lifestyle bag industry and the world's largest travel luggage
company. Under his leadership, Samsonite has driven growth through
consumer-centric channel diversification, global expansion, and by
acquiring and investing in a portfolio of brands. He has championed
the company’s sustainability initiatives and diversified its
sourcing base. Prior to his appointment as CEO in 2018, he served
as the company’s chief financial officer where he was instrumental
in implementation of the company’s strategic plan, the integration
of the Tumi acquisition, and the Hong Kong IPO listing.
Previously, Gendreau held various leadership roles in finance
and accounting at Zoots Corporation, Specialty Catalog Corporation,
and Coopers & Lybrand. Gendreau holds a bachelor’s degree in
business administration from Stonehill College and is a Certified
Public Accountant in Massachusetts.
Molly Langenstein is a high-level strategist and retail industry
veteran with an exceptional record of revitalizing sales and
improving profitability. Most recently, Langenstein served as the
chief executive officer and president and a member of the board of
directors of Chico’s FAS, until Chico’s was acquired in January
2024. During her time at Chicos, she returned the company to growth
and profitability with a customer led, product focused, and digital
first strategy focused on operational excellence.
Before joining Chico’s, Langenstein spent nearly three decades
at Macy’s, Inc. (and predecessor companies), where she held
numerous executive positions in ready to wear and private brand at
Macy’s and Bloomingdales. Langenstein received her bachelor’s
degree in fashion merchandising from Kent State University. She
serves on the board of Upbound Group, an omni-channel consumer
financing company.
“Kyle and Molly’s critical expertise will further round out the
capabilities on our board,” said Diane Sullivan, executive chairman
of Caleres. “Kyle brings global brand building and portfolio
management expertise, M&A experience and significant financial
acumen. Molly is a strategic leader with deep fashion brand and
omnichannel understanding as well as a background in organizational
optimization. Their combined operating experience and knowledge of
the public company CEO role are of great value as we pursue our
growth plans and focus on delivering shareholder value.”
Five consecutive times Caleres has been honored by the Women’s
Forum of New York for achieving gender parity on its board. Caleres
was applauded as a Corporate Champion that is making special
efforts to advance women in the boardroom. Most recently, Caleres
was one of 78 companies recognized as a Corporate Champion out of
the 233 companies in attendance to have achieved or exceeded gender
parity on its board. Today Caleres has 50% representation of women
on its board.
About Caleres
Caleres is a market-leading portfolio of global footwear brands
that includes Famous Footwear, Sam Edelman, Allen Edmonds,
Naturalizer and Vionic. Our products are available virtually
everywhere - in the nearly 1,000 retail stores we operate, in
hundreds of major department and specialty stores, on our branded
e-commerce sites, and on many additional third-party retail
websites. Combined, these brands make Caleres a company with both a
legacy and a mission. Our legacy is our more than 140 years of
craftsmanship and our passion for fit, while our mission is to
continue to inspire people to feel great… feet first. Visit
caleres.com to learn more about us.
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version on businesswire.com: https://www.businesswire.com/news/home/20241107555200/en/
Media: Kelly Malone kmalone@caleres.com
Investors: Liz Dunn ldunn@caleres.com
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