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Stock impact report

VF Corporation Aligns with Engaged Capital and Appoints Caroline Brown to Board [Yahoo! Finance]

V.F. Corporation (VFC) 
Last v.f. corporation earnings: 1/23 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.vfc.com
Company Research Source: Yahoo! Finance
announced the appointment of Caroline Brown to the company's Board of Directors, effective February 14, 2024. This appointment follows constructive engagement with VF's shareholders, including Engaged Capital, LLC ("Engaged Capital"). VF also intends to appoint to the Board another independent director in the near term mutually agreed with Engaged Capital, and will give priority to considering the candidates who have been identified by Engaged Capital (the "Additional Director"). VF expects Ms. Brown and the Additional Director will be nominated at VF's 2024 Annual Meeting of Shareholders (the "Annual Meeting") and at the conclusion of the Annual Meeting, VF's Board will comprise 13 directors, including no more than 11 of VF's current directors. Ms. Brown is an accomplished executive, director, investor and advisor with more than 30 years of experience at global companies in the apparel and fashion sector. From 2019 to 2023, she was a Managing Director at Closed Loop Partners, a N Show less Read more
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