NEW YORK, Jan. 16, 2015 /PRNewswire/ -- Kellwood Holding, LLC, ("Kellwood" or "the Company"), a leading apparel manufacturer and marketer, today announced the appointment of Joseph Lombardi as Chief Executive Officer effective immediately. Lombardi joined Kellwood as Chief Financial Officer in 2013, and is a proven, results-driven leader with more than three decades of retail experience across a variety of sectors, including apparel.
"The Board of Directors is very pleased to name Joe Lombardi as Kellwood's new CEO," said Mark Brody, Kellwood Board Director. "He brings a wealth of leadership and industry experience to the table along with financial acumen. These skills will be invaluable as the Company continues to build on its strong foundation for growth."
Lombardi succeeds Lynn Shanahan who has left the company to reassume her role at the helm of C2 Group – a strategic brand building company . "We appreciate the significant contributions Lynn made during her tenure at Kellwood which included the launch of Sam Edelman Apparel and the acquisition of Parker. We wish her continued success," said Brody.
"I am excited about the opportunity to serve as CEO for Kellwood," said Lombardi. "The Company has made real progress over the past several years with the help and support of the management team, and I'm confident we will build on our core strengths and explore new strategies to accelerate our success."
Prior to joining Kellwood, Lombardi was Chief Financial Officer of Barnes & Noble where he oversaw strategic planning and development to focus on growth opportunities and investment returns. He led a variety of high profile initiatives involving key mergers, acquisitions, spinoffs, and the disposition of non-core businesses. Additionally, he implemented asset productivity improvements, enhanced inventory turnover, and increased cash flow.
Before his 10-year tenure at Barnes & Noble, Lombardi held management positions at the Museum Company and Toys"R"Us, Inc. He began his career at Ernst & Young, where he became a Partner and worked with a variety of global companies, including such well known apparel brands as Phillips-Van Heusen, Russ Togs, adidas USA, Pony and Le Coq Sportif.
About Kellwood
Kellwood Holding, LLC manufactures and markets a portfolio of premier contemporary fashion brands, junior and women's fashion labels, and private label apparel. These brands cover a broad range of consumer lifestyles including Rebecca Taylor, Sam Edelman, Parker, XOXO, My Michelle, Jolt, Democracy, Sangria, Jax, Sag Harbor and Briggs NY. Kellwood operates retail stores and the e-commerce site for Rebecca Taylor and the e-tail store, Mason & Belle. Kellwood Holding LLC is an affiliated portfolio company of Sun Capital Partners, Inc.
SOURCE Kellwood Holding, LLC
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