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VF Corp, the owner of the North Face, Vans and Timberland brands, said on Tuesday it will appoint one new board member and select a second with input from activist investor Engaged Capital. Engaged, which has a 1.3% stake in VF, has been pushing for board representation and further restructuring since disclosing its position in the company late last year. Caroline Brown, who worked at investment firm Closed Loop Partners and was previously chief executive officer at Donna Karan International, will join the board immediately. ....
North Face Maker VF Corp to Shake up Board With Engaged Capital Input businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.
Engaged Capital adds Nevro, PRA Group; exits Primo Water (NASDAQ:UPBD) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.