ABERCROMBIE NAMES SCOTT LIPESKY AS CFO

Abercrombie & Fitch Co. has appointed Scott D. Lipesky as senior vice president and chief financial officer, effective October 2. Lipesky brings more than 20 years’ experience from the retail and manufacturing sectors in financial planning & analysis, corporate finance, merchandise planning, accounting, and treasury, including nine years with Abercrombie & Fitch Co., most recently as CFO of Hollister Co.

Lipesky will oversee corporate finance, FP&A, financial reporting, risk management, tax, and treasury for Abercrombie & Fitch Co., and will serve on the company’s executive leadership team. Lipesky will report to Abercrombie & Fitch Co.’s executive vice president and chief operating officer, Joanne C. Crevoiserat, who continued to serve as CFO after her promotion to COO, effective February 1.

Lipesky returns to the company from American Signature Inc., a privately-held home furnishings company, where he was CFO. He began his career at PricewaterhouseCoopers, where he qualified as a CPA. His experience includes roles as corporate finance director with FTI Consulting, a global financial services advisory firm, director of corporate business development with The Goodyear Tire & Rubber Company, and nine years with Abercrombie & Fitch Co., in a variety of finance roles, including CFO of the company’s Hollister brand.

“We are pleased to welcome Scott back to Abercrombie & Fitch,” said Crevoiserat. “Having previously spent nine successful years with us, Scott has strong relationships here and an intimate knowledge of our business and culture that will serve him and the company well, as we continue to execute aggressively against our strategic plan.”

“I’m excited to return to Abercrombie & Fitch Co. at this important point in its revitalization journey,” added Lipesky. “I look forward to working with Fran, Joanne and the rest of the leadership team, as the company continues on its path to delivering enhanced performance and long-term shareholder value.”