Abercrombie & Fitch (NYSE: ANF) announced today that Seth R. Johnson, Executive Vice President/ Chief Operating Officer and Board Member will retire from the company effective June 18, 2004.
“Seth has been a valuable member of our executive team and I appreciate the leadership he has provided over the last 12 years,” said Mike Jeffries, Chairman and Chief Executive Officer. “He helped build the Abercrombie & Fitch brand to what it is today. The company's Board of Directors and associates are truly grateful for his contributions and we wish him happiness and success in his retirement.”
Mr. Johnson, 50, joined Abercrombie & Fitch in February 1992 as Vice President – Chief Financial Officer. He played an instrumental role in the company's initial public offering, which was completed in September of 1996 and the company's spin-off from Limited Brands in May 1998. He was promoted to Executive Vice President / COO in February 2000.
“I've had a wonderful 12 years at Abercrombie & Fitch. It's a great company and I'm confident it will have continued success in the future,” said Mr. Johnson.
Abercrombie & Fitch operated a total of 706 stores at the end of the first fiscal quarter, including 170 abercrombie stores and 177 Hollister Co. stores. The company operates e-commerce websites at www.abercrombie.com , www.abercrombiekids.com, and www.hollisterco.com .
