By  on July 29, 2013

PVH Corp. has set the stage for the next generation of leadership of its Calvin Klein, Tommy Hilfiger and international operations.

The company said in a filing with the Securities and Exchange Commission that Fred Gehring, chief executive officer of both Tommy Hilfiger and international operations, and Tom Murry, ceo of Calvin Klein Inc., have signed new employment contracts detailing how they will begin to transition out of their current full-time ceo roles and into new part-time capacities as executive chairmen.

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