Abercrombie & Fitch Implements Significant Corporate Governance Enhancements: Separation of Chairman and CEO Roles, Addition of Three Independent Directors, and Elimination of Shareholder Rights Plan

2014-01-29T21:09:13-08:00January 29th, 2014|Categories: Corporate Governance|Tags: , |

Abercrombie & Fitch Co. today announced that it has appointed Arthur C. Martinez, Terry Burman, and Charles R. Perrin to the Abercrombie & Fitch Board of Directors, effective immediately, and that it has separated the roles of Chairman of the Board and Chief Executive Officer. Mr. Martinez has been appointed Non-Executive Chairman.  Each of the new directors satisfies the independence standards of the New York Stock Exchange. With the addition of Messrs. Martinez, Burman and Perrin, the Abercrombie & [...]