PVH Corp. Appoints Ajay Bhalla to Its Board of Directors
August 04 2022 - 5:09PM
Business Wire
PVH Corp. [NYSE: PVH] today announces the appointment of Ajay
Bhalla, President, Cyber & Intelligence at Mastercard
International, to its Board of Directors. His appointment is part
of the Board’s on-going refreshment process, which is bringing
together business leaders with a diverse range of experiences,
backgrounds and perspectives to support the PVH+ Plan. PVH+ is the
Company’s multi-year strategy to accelerate growth by building on
PVH’s core strengths and connect Calvin Klein and TOMMY HILFIGER,
its iconic global brands, closer to the consumer than ever before.
In connection with Mr. Bhalla’s appointment, the number of
directors constituting the full Board will be increased to 12.
Stefan Larsson, PVH’s Chief Executive Officer, said: “Ajay
brings deep digital commerce and cybersecurity expertise and he
leads a fast-growing global business. His unique knowledge and
experience, connecting consumer, commerce and technology, will be
especially valuable in supporting the digital components of the
PVH+ strategy.”
As President of Mastercard’s Cyber & Intelligence
organization, Mr. Bhalla is responsible for advancing trust across
Mastercard’s brand, products, services and digital ecosystem. He
has been with Mastercard for over 20 years, holding various global
leadership positions of increasing responsibility.
“We are pleased to welcome Ajay to PVH’s Board of Directors.
Along with his extensive track record of success as a
solutions-oriented innovator, and touching nearly every aspect of
Mastercard’s business, he is committed to supporting Mastercard’s
environmental, social and governance efforts, in line with PVH’s
purpose to drive fashion forward for good,” said Michael Calbert,
PVH Board Chair.
Mr. Bhalla commented: “It’s an honor to join PVH’s Board of
Directors at this important time for the Company and the industry,
and to be part of a values-led company with two of the world’s most
iconic global brands, Calvin Klein and TOMMY HILFIGER.”
At Mastercard, Mr. Bhalla is also a member of both Mastercard’s
Executive Leadership Team and its Management Committee. In
addition, he serves as a Senior Fellow at The Fletcher School at
Tufts University and as a Science Fellow at Massachusetts Institute
of Technology (MIT), and is an Executive in Residence at Oxford
University. He also is a strategic advisor to the World Economic
Forum, serving on the Executive Steering Committee for Digital
Trust and as a Co-Chair of the Global Council on Cybersecurity.
More information about PVH Corp.'s Board of Directors and
corporate governance practices can be found here:
https://www.pvh.com/investor-relations/governance.
About PVH Corp.
PVH is the growth platform for Calvin Klein and TOMMY HILFIGER.
Through driving brand strength and relevance, we are connecting our
global, iconic brands closer to where the consumer is going than
ever before, today and with future generations. Guided by our
values and enabled by our scale and global reach, we are driving
fashion forward for good, as one team with one vision and one plan.
That’s the Power of Us. That’s the Power of PVH.
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Mark D. Fischer Executive Vice President, General Counsel and
Secretary (212) 381-3509
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