Retail
Walmart appointed Suresh Kumar to a new elevated chief technology officer and chief development officer role, reporting directly to president and CEO Doug McMillon.
Kumar joins at a time when Walmart is rapidly transforming its customer and associate experiences, and he brings more than 25 years of technology leadership experience.
Kumar was most recently at Google, serving as vice president and general manager of display, video, app ads and analytics. Prior to Google, he was corporate vice president of Microsoft’s cloud infrastructure and operations. Kumar also spent 15 years at Amazon in various leadership roles, including vice president of technology for retail systems and operations, and he led Amazon’s retail supply chain and inventory management systems.
Brands
VF Corp. appointed Cameron Bailey to the position of executive vice president of global supply chain.
Bailey will assume responsibility for all aspects of VF’s global supply chain operations and leadership of the 23,000 employees working across its supply chain worldwide. He will report to VF’s CEO, Steve Rendle, and serve on the company’s senior leadership team.
Bailey succeeds Tom Glaser, who announced his retirement from VF after an 18-year career in supply chain leadership, including eight years in the top position.
Bailey most recently served as VF’s vice president for supply chain, global product supply, with responsibility for the direct and indirect procurement of all materials and the manufacture of all products globally for VF’s diverse portfolio of 20 brands. In 2018, VF produced more than 560 million units of product through its internal manufacturing and sourcing operations.
Bailey began his VF career in 1989, holding multiple manufacturing and operations management roles within VF’s Intimates Apparel business. VF sold its Intimates Apparel business to Fruit of the Loom in 2007, leading Bailey to exit VF and transition to Fruit of the Loom as part of the sale.
During his nine years at Fruit of the Loom, Bailey held a series of supply chain leadership roles with increasing responsibility, including serving as senior vice president of product development and sourcing. He returned to VF in 2016 and has since played a vital role in the company’s global supply chain organization.
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At Tapestry Inc., Glaser, the former VF executive, was named chief operations officer, effective July 15.
Glaser will have responsibility across the end-to-end supply chain and the information technology backbone for Tapestry and its brands, with functional oversight including product development and manufacturing resources, distribution, logistics, replenishment, e-commerce fulfillment and IT. He will report to the company’s CEO, Victor Luis.
Tapestry, based in New York, has a brand portfolio that includes Coach, Kate Spade and Stuart Weitzman.
Textiles
Trevira
Trevira CEO Klaus Holz and Trevira’s parent company, Indorama Ventures, will continue to work together for a further three years following a mutually agreed renewal of Holz’s contract.
The contract was due to expire at the end of this year, but it has now been extended until the end of 2022. Holz took up his position as a managing director of Trevira at the beginning of 2011 and has been sole managing director of Trevira GmbH since 2013.
Trevira is a European manufacturer of high-end branded fibers and filament yarns for apparel, home textiles, automotive interiors, technical applications and hygiene products. In 2018, sales were around 235 million euros ($262.51 million).
Prym Fashion
Following the acquisition of New York-based Sher Plastics, a well-known button and trim manufacturer, by Prym Fashion, Richard Sher will serve as managing director of Sher Plastics and Cindy Sher will serve as director.
The Shers will retain part ownership of the company, now named Prym Fashion Americas. Greg Adler will serve as director of administration for the company, which will continue to do business as Sher Plastics.
Prym Fashion will begin selling Sher Plastics products throughout Europe, and will provide sales and technical service support globally. Sher Plastics’ 30 New York-based employees will form the face of Prym Fashion in the U.S., while its staff of 34 in Hong Kong will be incorporated into Prym’s existing operations there.