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VF (VFC) has issued an announcement.
Caroline T. Brown resigned from the board of V. F. Corporation due to her new employment within the company, while Nicole Otto’s exit as Global Brand President of The North Face® is characterized as an involuntary termination without cause, entitling her to severance benefits. Meanwhile, the board appointed Mindy F. Grossman and Kirk C. Tanner as new directors, both meeting the independence criteria of the New York Stock Exchange and set to contribute to various committees, bringing fresh perspectives and guiding the corporation forward.
For a thorough assessment of VFC stock, go to TipRanks’ Stock Analysis page.