Abercrombie & Fitch ANF announced that
the Company has reorganized its Diversity & Inclusion structure. Todd Corley,
who has led the Diversity & Inclusion efforts for the Company since 2004, is
transitioning from the organization to launch the TAPO Institute, which will
focus on inclusive leadership based on principles of transparency,
authenticity, persistence, and optimism.
As part of its continuing commitment to diversity and inclusion, Abercrombie &
Fitch will assign oversight of its Diversity & Inclusion efforts to Amy
Zehrer, Executive Vice President of Stores. She will assume responsibility
for all Home Office efforts and the Company's approximately 100,000 global
store associates. Ms. Zehrer will continue to report to Mike Jeffries, Chief
Executive Officer of the Company.
"As Chief Diversity Officer, Todd Corley created and implemented a
transformational framework for our D&I efforts and we are thankful for
everything he has contributed over his ten years with A&F," said Amy Zehrer.
"We will further enhance the great work that has already been completed under
Todd's leadership, such as our stores going from less than ten percent
non-white associates to over 50% today. I look forward to the next stage of
our efforts, and am energized to help further this initiative within our Home
Office and our 1,000 stores around the world."
Notable recognition and achievements for the Company's diversity and inclusion
efforts include:
o Being named a Best Place to work for the LGBT Community from 2007-2014;
o Receiving a perfect score from the Human Rights Campaign's Corporate
Equality Index for eight consecutive years;
o Achieving significant gender diversity among its senior ranks, with over
40% of the Company's vice presidents, and 75% of executive vice presidents
being female. In addition, one-third of directors on the Company's
newly-constituted Board of Directors are female;
o Applying our framework on inclusion to anti-bullying efforts and making
significant financial contributions to initiatives like the 2013
Anti-Bullying campaign, "Are You an Ally?";
o Establishing the A&F Global Diversity and Leadership scholarship program
with the National Society of High School Scholars (NSHSS); and
o Establishing a Diversity & Inclusion training program with required
participation for all Home Office, Distribution Center and Store
Management associates.
"I am proud of the accomplishments we have made together as an organization,"
said Todd Corley. "The efforts began around race and ethnicity but evolved to
include diversity in the way people think, cultural differences, and creating
an inclusive place to work."
Mike Jeffries, CEO of Abercrombie & Fitch, said, "We are very grateful for the
time Todd spent with A&F and all that he has helped achieve. We have
accomplished so much, and I am confident that we will continue to maintain our
high standards with diversity and inclusion, a cause to which the Company is
strongly committed."
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in