Liz Claiborne Names New CFO, COO

Liz Claiborne Inc. announced the appointment of George Carrara to executive vice president, CFO and COO, effective April 2, 2012. In this position, Carrara will oversee finance, global operations and IT.

Commenting on the announcement, William L. McComb, Liz Claiborne CEO, said, “George has tremendous experience leading finance and operations in a multichannel apparel company. His industry experience, coupled with his value system and his reputation for delivering results make him an excellent fit for our company. As we tackle our systems and operating costs, it makes sense for George to take the position of COO as well. He has had that combined experience before and has excelled."

Of his appointment, Carrara said, “I have been following the company’s progress, and I am thrilled at the opportunity to help guide Liz Claiborne Inc. into the growth phase of its transformation. I am eager to work with the team that is in place and take this company forward to future success.”

Most recently, Carrara was COO at Tommy Hilfiger North America. He started at Tommy Hilfiger in 1999 as vice president, CFO for the jeans division and held positions of increasing responsibility until the sale of the company to PVH in 2011. Prior to his stint at Tommy Hilfiger, Carrara was CFO/COO for Mirage Apparel Group, a licensee of Guess, the NFL and MLB.

Liz Claiborne Inc. also announced the promotion of Robert Vill to senior vice president, finance and treasurer, effective April 2, 2012. Vill also will serve as interim CFO starting March 16, 2012, but upon Carrara’s start at Liz Claiborne on April 2, Vill will report to him and continue to serve as corporate treasurer and head investor relations.

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