HanesBrands (NYSE: HBI), a leading marketer of everyday branded basic apparel, today announced that it has promoted Gerald W. Evans Jr. to chief operating officer effective Aug. 1, 2013.
Evans, 54, who has served as the company’s co-chief operating officer since 2011, will have responsibility for the day-to-day running of the company with direct oversight of all global commercial and supply chain operations. Evans, whose leadership assignments during a 30-year career at HanesBrands has spanned the organization in marketing, sales and general management, has been instrumental in the development of the company’s Innovate-to-Elevate strategy that leverages the company’s powerful brands, product innovation and global low-cost supply chain to enhance margins.
“I am pleased to announce Gerald’s promotion to COO,” said Hanes Chairman and Chief Executive Officer Richard A. Noll. “Gerald has widespread experience in the apparel industry, a proven global track record of achievement, and immense respect as a leader within our organization. We are looking forward to continuing our success under his operating leadership.”
Each of the company’s commercial business segments and its global supply chain will report to Evans. In a newly created position to focus on international performance and growth with worldwide retailers, William J. Nictakis will report to Evans as chief commercial officer, international businesses and global retailers. Other direct reports to Evans include W. Howard Upchurch, president, innerwear; John T. Marsh, president, activewear; and Michael E. Faircloth, president, chief global operations officer.Evans’ career at HanesBrands began in 1983 in L’eggs marketing, and he has since held leadership positions of increasing responsibility across the organization in marketing, sales, and general management. Early in his career, he served assignments leading the L’eggs sales function and companywide Walmart selling team, and he then successfully held general management roles in the 1990s, including serving as president of the company’s hosiery and intimate apparel business in Australia while based in that country. In the early 2000s, his assignments included running the company’s U.S. activewear, knit underwear and sock businesses.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV