MICHAEL KORS Michael Kors Holdings Limited (NYSE:KORS) (the “Company”), a global luxury lifestyle brand, today announced that Pascale Meyran has been named to the newly created role of Senior Vice President, Chief Human Resources Officer. She will report to John D. Idol, the Company’s Chairman and Chief Executive Officer.
Ms. Meyran’s appointment, effective September 15, 2014, is a key element in the brand’s development of a strategic global infrastructure. In this new role, Ms. Meyran will oversee the creation of a best in class Global Human Resources Department, with a focus on a robust learning and talent development program.
“We are excited to have someone with Pascale’s extensive human resources background join our team,” said John D. Idol. “As we continue to expand and strengthen our position as a leading global luxury brand, it is essential that we develop the best and the brightest talent to support our growth. Pascale’s appointment brings us a wealth of experience in talent development and training on both a domestic and international level.”
Ms. Meyran has over 28 years of human resources experience, and is acclaimed for her organizational development and innovation, particularly on a global scale. Most recently, Ms. Meyran was at S.C. Johnson & Son, where she held the position of Senior Vice President of Global Human Resources since 2010. Prior to her 20-year tenure at S.C. Johnson & Son, Ms. Meyran worked in a variety of human resources functions at General Electric.
“I am thrilled to be joining the exceptional team at Michael Kors,” says Ms. Meyran. “It is a creative, dynamic brand, and I look forward to contributing my global human resources experience to drive talent development and corporate training to further the company’s success.”
About Michael Kors
Michael Kors is a world-renowned, award-winning designer of luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products through his Michael Kors and MICHAEL Michael Kors labels, including accessories, footwear, watches, jewelry, men’s and women’s ready-to-wear and a full line of fragrance products. Michael Kors stores are operated, either directly or through licensing partners, in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo and Hong Kong.
Forward-Looking Statements
This press release contains forward-looking statements. You should not place undue reliance on such statements because they are subject to numerous uncertainties and factors relating to the operations and business environment of the Company, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements include information concerning the Company’s possible or assumed future results of operations, including descriptions of its business strategy. These statements often include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. The forward-looking statements contained in this press release are based on assumptions that the Company has made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although the Company believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect its actual financial results or results of operations and could cause actual results to differ materially from those in these forward-looking statements. These factors are more fully discussed in the “Risk Factors” section and elsewhere in the Company’s Annual Report on Form 10-K for the fiscal year ended March 29, 2014 (File No. 001-35368), filed on May 28, 2014 with the U.S. Securities and Exchange Commission.
