The Jones Group Inc. (ticker: JNY, exchange: New York Stock Exchange (.N))
News Release -
Jones Apparel Group, Inc. Names Cynthia DiPietrantonio Chief Operations Officer, Names Norman Veit Executive Vice President, Management Information Services
NEW YORK, July 16 /PRNewswire-FirstCall/ -- Jones Apparel Group, Inc.
(NYSE: JNY) today announced that Cynthia DiPietrantonio has been appointed
Chief Operations Officer. Cindy has provided the Company with over 24 years
of dedicated and excellent service in many capacities, most recently as
Executive Vice President, Customer Relations and Corporate Credit. In her new
role as Chief Operations Officer, Cindy will be the Senior Corporate Executive
responsible for our Bristol, Pennsylvania based operations group, including
Customer Service, Allocations, Distribution and Management Information
Systems. Cindy serves on the Executive Committee of VICS (the Voluntary
Inter-Industry Commerce Solutions Association), the leading collaborative
group for retailers and suppliers. She will report to Wesley R. Card,
President and Chief Executive Officer. The Credit and Collections functions
will now be a part of our financial group, also located in Bristol, and will
report to John McClain, Chief Financial Officer.
The Company also announced the promotion of Norman Veit to Executive Vice
President, Management Information Services. Norm is a seasoned
Operations/Systems Manager and has been with Jones Apparel Group for 5 years
as Senior Vice President, Corporate MIS. Prior to joining Jones Apparel Group
he was Vice President of Information Technology for Ames Department Stores.
Norm will report to Cindy DiPietrantonio.
Michael Kauffman, Executive Vice President, Distribution Operations, will
also report to Cindy DiPietrantonio. Mike is an industry veteran and has been
with Jones for approximately 8 years in a variety of senior distribution
positions. Prior to Jones, Mike held various senior distribution positions
with Perry Ellis/Salant and Calvin Klein. Mike has overall responsibility for
Distribution Operations, Logistics and the Customs Compliance area.
Wesley R. Card, President and Chief Executive Officer, stated, "Along with
the recent appointment of John McClain to the position of Chief Financial
Officer, these organizational changes will provide for strong and experienced
leadership in our operations and financial groups. I am confident in the
ability of these executives to lead and to continue to provide excellent
customer service and to enhance our ability to meet customer requirements."
Jones Apparel Group, Inc. (http://www.jny.com), a Fortune 500 company, is
a leading designer, marketer and wholesaler of branded apparel, footwear and
accessories. The Company also markets directly to consumers through our chain
of specialty retail and value-based stores, and operates the Barneys New York
chain of luxury stores. The Company's nationally recognized brands include
Jones New York, Nine West, Anne Klein, Gloria Vanderbilt, Kasper, Bandolino,
Easy Spirit, Evan-Picone, Norton McNaughton, Erika, l.e.i., Energie, Enzo
Angiolini, Joan & David, Mootsies Tootsies, Sam & Libby, Napier, Judith Jack,
Albert Nipon, Le Suit and Barneys New York. The Company also markets costume
jewelry under the Givenchy brand licensed from Givenchy Corporation and
footwear under the Dockers Women brand licensed from Levi Strauss & Co. Each
brand is differentiated by its own distinctive styling, pricing strategy,
distribution channel and target consumer. The Company contracts for the
manufacture of its products through a worldwide network of quality
manufacturers. The Company has capitalized on its nationally known brand names
by entering into various licenses for several of its trademarks, including
Jones New York, Evan-Picone, Anne Klein New York, Nine West, Gloria Vanderbilt
and l.e.i., with select manufacturers of women's and men's products which the
Company does not manufacture. For more than 30 years, the Company has built a
reputation for excellence in product quality and value, and in operational
SOURCE Jones Apparel Group, Inc.
Wesley R. Card, President and Chief Executive Officer
Jones Apparel Group, Inc.
Joele Frank, Wilkinson Brimmer Katcher for Jones Apparel Group, Inc.
Web site: http://www.jny.com