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Michael Kors Holdings Limited (NYSE: KORS) (the “Company”), a global luxury lifestyle brand today announced that Ann McLaughlin Korologos and Jean Tomlin have been appointed to the Company’s Board of Directors effective March 18, 2013. The appointment of Ms. Korologos and Ms. Tomlin brings the Company’s Board membership to nine.
Ann McLaughlin Korologos is a former U.S. Secretary of Labor with extensive experience in the areas of international markets, marketing, regulatory and government affairs, policy making and corporate governance. She is Chairman Emeritus of The Aspen Institute, a nonprofit organization, and previously served as the Chairman of the Board of Trustees of the RAND Corporation from April 2004 to April 2009. Ms. Korologos has significant public company board experience and currently serves as a director of AMR Corporation (and its subsidiary, American Airlines), Kellogg Company, Host Hotels & Resorts, Inc., Harman International Industries, Inc. and Vulcan Materials Company.
Jean Tomlin has over 35 years experience in human resources, employee relations, training and development. Since 2006, Ms. Tomlin has served as Director, Human Resources of the London Organising Committee of the Olympic and Paralympic Games. Previously, she was the Director, Human Resources of Marks & Spencer plc, a major British retailer. Ms. Tomlin also spent 15 years at Prudential plc and nine years at Ford Motor Company in the UK in various human resources management positions. Currently, Ms. Tomlin also serves as a director of J. Sainsbury plc, the UK’s third-largest food retailer and grocery store operator.
John D. Idol, the Company’s Chairman and Chief Executive Officer, said “We are thrilled to have Ann and Jean join our Board. Our board is now comprised of a majority of independent directors from diverse professional and personal backgrounds. We intend to leverage the broad spectrum of experiences on our Board to continue to build value for our shareholders.”