News

Abercrombie & Fitch taps president as CEO

March 7, 2017

Fran Horowitz, president and chief merchandising officer for Abercrombie & Fitch, has been promoted to CEO and is also now a member of the board of directors.

The company's EVP and CFO, Joanne Crevoiserat, is now serving as COO in addition to her current roles, according to a Yahoo news report.

"Fran's appointment to CEO reflects the leadership she has shown in the turnaround of Hollister, our efforts to provide a compelling, customer-focused shopping experience at both of our brands and, while we have more work to do, the repositioning of the Abercrombie & Fitch brand," said Martinez, according to the Yahoo report. "She is a talented, creative and dedicated executive who has energized our team around important cultural values, a customer-centric mindset and a commitment to assuring our company`s success. Fran's efforts have earned her the respect of the board and associates throughout our global operations. We are confident that as CEO, she is the right person to lead the company forward."