Why should we complain on the lack on Female Board Members when we can celebrate a bunch of nominations? These past weeks have been rich in events for all stylish and ambitious women.
On May 1st, Angela Ahrendts resigned from her CEO position at Burberry to join Apple and become Head of Retail. Angela will be responsible for the operation and expansion of Apple retail and online stores, which have redefined the shopping experience for all tech-addicts we are.
On the retail side, Abercrombie & Fitch named four new (female) directors to its board after coming to a compromise with activist investor Engaged Capital, which had sought a management shakeup at the teen retail chain. The new four power ladies are:
- Sarah Gallagher, previously of Gap and Ralph Lauren
- Hudson’s Bay Vice Chairman Bonnie Brooks
- Fossil Group director and former CEO of Bath & Body Works Diane Neal
- Ernst & Young veteran Stephanie Shern
“These actions will further enhance the board and management team’s focus, including strengthening the business, executing on the company’s strategic plans and succession planning, as Abercrombie & Fitch moves into the next phase of its growth,” non-executive chairman Arthur Martinez said in a statement.
After the announcement, the shares rose 2.9% to $37.84 at the close of trading in New York.