Coach, Inc. (NYSE: COH, SEHK: 6388), a leading marketer of modern classic American accessories, today announced the appointment of Christine Putur as Executive Vice President and Chief Information Officer, effective January 22, 2013.
Ms. Putur joins Coach from Staples, Inc., where she was Senior Vice President and Chief Information Officer. In her role, Ms. Putur was responsible for IT strategy and implementation globally for the company. Over a 12-year period, Ms. Putur held successively senior IT roles within the Staples organization covering ecommerce, strategy, retail, supply chain and global corporate functions. Before Staples, she was with Compaq Computer Corporation. She has a BA in Administrative Science/Math from Colby College and an MS in Management Information Systems from Boston University.
“Chris brings 25 years of broad-based and relevant IT experience to Coach. Her expertise and strong operational track record make her a valuable addition to the Coach management team,” said Jerry Stritzke, President and Chief Operating Officer of Coach, Inc. “At Coach, she will set our IS strategy and oversee the operation details of service delivery, addressing the needs of our rapidly growing global business.”
“I am excited to join Coach as it positions for continued growth. Coach is an exceptional company and brand with a keen focus on leveraging the power of the digital world. I look forward to joining the organization and contributing to its continued strength and momentum,” said Ms. Putur.Ms. Putur succeeds Tom Britt, who announced his departure from Coach last year. “Tom has played an important role in building critical IS capabilities and developing the talent to support our growth during his tenure with the company,” added Mr. Stritzke. “We wish him every success in the future and look forward to welcoming Chris.” Coach, with headquarters in New York, is a leading American marketer of fine accessories and gifts for women and men, including handbags, men’s bags, women’s and men’s small leathergoods, weekend and travel accessories, footwear, watches, outerwear, scarves, sunwear, fragrance, jewelry and related accessories. Coach is sold worldwide through Coach stores, select department stores and specialty stores, and through Coach’s website at www.coach.com. Coach’s common stock is traded on the New York Stock Exchange under the symbol COH and Coach’s Hong Kong Depositary Receipts are traded on The Stock Exchange of Hong Kong Limited under the symbol 6388. Neither the Hong Kong Depositary Receipts nor the Hong Kong Depositary Shares evidenced thereby have been or will be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States or to, or for the account of, a U.S. Person (within the meaning of Regulation S under the Securities Act), absent registration or an applicable exemption from the registration requirements. Hedging transactions involving these securities may not be conducted unless in compliance with the Securities Act. This press release contains forward-looking statements based on management's current expectations. These statements can be identified by the use of forward-looking terminology such as “ may,” “will,” “ should,” “ expect,” “confidence,” “growing,” “trends,” “ intend,” “ estimate,” “ on track,” “ are positioned to,” “on course,” “opportunity,” “become,” “forward,” “ continue,” “ project,” “ guidance,” “target,” “ forecast,” “achieve,” “anticipated,” or comparable terms. Future results may differ materially from management's current expectations, based upon risks and uncertainties such as expected economic trends, the ability to anticipate consumer preferences, the ability to control costs, etc. Please refer to Coach’s latest Annual Report on Form 10-K for a complete list of risk factors.
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