VF Corporation (NYSE: VFC) announced today that it has named Frank Terkelsen, 40, as Vice President, Mergers & Acquisitions, a new position. He will report to Bob Shearer, Vice President – Finance & Global Processes and Chief Financial Officer. Terkelsen has also been named a member of VF's Operating Committee. His responsibilities will include the identification of acquisition opportunities, deal negotiation and new business integration.
Terkelsen brings to VF over a decade of experience in mergers, acquisitions and business development. Most recently he was Manager – Business Development – GE Transportation, a unit of General Electric Company, where he spearheaded a variety of growth initiatives, joint ventures and dispositions. From 1998 to 2003 he held several positions at General Electric related to acquisitions and business planning, including that of Staff Executive – Corporate Business Development, where he had overall responsibility for supporting several GE industrial business units in all aspects of the acquisition and disposition process. From 1995 to 1998 Terkelsen worked at CBC Companies as Manager – Business Development, where he was responsible for inorganic growth. Prior to joining CBC Companies, Terkelsen began his business career in 1986 with Fortune Brands, where he held a variety of positions in treasury and corporate development.
About the Company
VF Corporation is a leader in branded apparel including jeanswear, intimate apparel, sportswear, outdoor products and workwear. Its principal brands include Lee(R), Wrangler(R), Riders(R), Rustler(R), Vanity Fair(R), Vassarette(R), Bestform(R), Lily of France(R), Nautica(R), Earl Jean(R), John Varvatos(R), JanSport(R), Eastpak(R), The North Face(R), Vans(R), Napapijri(R), Kipling(R), Lee Sport(R) and Red Kap(R).
