VF Corporation Aligns with Engaged Capital and Appoints Caroline Brown to Board
This appointment follows constructive engagement with VF’s shareholders, including Engaged Capital, LLC (“Engaged Capital”).
- 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”).
- “We are excited to welcome Caroline to the VF Board,” said Chair of the VF Board, Richard Carucci.
- Glenn W. Welling, Founder and CIO of Engaged Capital, said, “We are excited that the Board has added Caroline Brown, who will bring a wealth of apparel experience to the boardroom.