JONES FORMS NEW EXEC COMMITTEE
Byline: Kristin Larson
NEW YORK — Jones Apparel Group has formed an executive management committee to help bring sharper focus and vision to each of its businesses, while also laying the groundwork for succession.
“As our business has grown, we have been looking at the need to add more depth to our management team,” said Anita Britt, senior vice president of finance and investor relations at Jones. “Now, we’ve got somebody focusing on women’s better apparel, women’s moderate apparel, women’s footwear and accessories, and each one of them is focused on, ‘How do I take this business to the next level?’ At the same time, they’re all working together, so there’s a cohesive plan and a cohesive vision.”
While company executives declined to comment, observers on the street believe that forming such a committee might be viewed as preparing for succession in leadership.
The newly formed committee will report to Sidney Kimmel, chairman and chief executive officer, and its members include: Jackwyn Nemerov, president and chief operating officer; Irwin Samelman, newly elected vice chairman; Peter Boneparth, president and ceo, moderate apparel group; and Wesley Card, chief financial and operations officer.
The committee will then be divided into various groups with individual leaders targeting specific businesses. They are: women’s better apparel, women’s moderate apparel, footwear, accessories and retail and costume jewelry. Serving as president and ceo of the respective groups are Nemerov for better, Boneparth for moderate and Robert Andreoli for costume jewelry. Andreoli is president and ceo of costume jewelry at Jones. In addition, Rhonda Brown, former president and director at Steven Madden Ltd., will join the company in mid-December as president and ceo of footwear, accessories and retail, as well as president and ceo of Nine West Group. She will also head the footwear group.