BUZZ-Ralph Lauren appoints insider Bob Ranftl as new COO; shares rise
ReutersJan 21, 2025 3:33 PM
Luxury apparel maker Ralph Lauren's RL.N shares up as much as 2.3% at $246.01
Co to appoint insider Bob Ranftl as chief operating officer, replacing outgoing executive Jane Nielsen
Ranftl joined RL in 2015 and is currently serving as regional executive chief for North America
Mercedes Abramo, Cartier's former deputy chief commercial officer, to succeed Ranftl as RL's regional CEO for North America
RL stock rose 60.18% in 2024
(Reporting by Aamir Sohail in Bengaluru)
((Aamir.Sohail@thomsonreuters.com;))
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