March 12, 2015 - Kate Spade & Company (NYSE: KATE) today announced the nomination of Jan Singer for election to the Company's Board of Directors. Ms. Singer will stand for election at the Company's 2015 Annual Meeting of Stockholders. The Company also announced today that Bernard W. Aronson and Kay Koplovitz will not be standing for reelection at the Company's 2015 Annual Meeting of Stockholders.
Ms. Singer has more than 20 years of experience in leadership and marketing roles for brands across the apparel, footwear and cosmetics product categories, both domestically and internationally. In July 2014, Ms. Singer became the Chief Executive Officer of Spanx, Inc., a privately held shapewear design, manufacturing and marketing company.
Commenting on the announcement, Nancy Karch, Chairman of Kate Spade & Company, said: "Jan brings significant experience across several global aspirational apparel and beauty brands. We are confident she will offer valuable industry perspective as the Company continues to grow."
Ms. Karch continued, "We thank Bernie and Kay for their dedication and valuable contributions as board members, committee chairs and members, and wise colleagues over the years. They provided great counsel as the Company embarked on its first year as Kate Spade & Company, and we wish them all the best in the future."
"Jan's branding and marketing experience in a range of categories makes her an outstanding fit for our board as we focus on our four category pillars, women's, men's, children's and home," said Craig Leavitt, Chief Executive Officer of Kate Spade & Company. "We look forward to her contributions and insight as we continue to expand into a powerful, global, multichannel lifestyle brand."
Prior to being named CEO of Spanx, Ms. Singer held various senior executive roles at Nike, Inc., including Corporate Vice President of Global Apparel and Corporate Vice President of Global Footwear. Prior to Nike, Ms. Singer was the Vice President and General Manager Global Product, Merchandising and Marketing for Reebok International Limited's women's business. Ms. Singer also held key marketing and global communications roles for Chanel, Calvin Klein and Prada.
ABOUT KATE SPADE & COMPANY
Kate Spade & Company (NYSE: KATE) designs and markets accessories and apparel principally under two global, multichannel lifestyle brands: kate spade new york and Jack Spade. With collections spanning demographics, genders and geographies, the brands are intended to accent customers' interesting lives and inspire adventure at each turn. The Company also owns the Adelington Design Group, a private brand jewelry design and development group that markets brands through department stores and serves jcpenney via exclusive supplier agreements for the Liz Claiborne and Monet jewelry lines. The Company also has a license for the Liz Claiborne New York brand, available at QVC, and Lizwear, which is distributed through the club store channel. Visit www.katespadeandcompany.com for more information.