VF: general counsel and secretary to retire
19/03/2012
Ms Cummings, 64, began her VF career in 1995 as vice president – general counsel, and became vice president – administration and general counsel in 1996 and secretary in 1997. She is VF’s first general counsel and was responsible for the establishment of VF’s global Law Department. Throughout her career, she provided legal oversight to support VF’s growth, which has involved more than 20 acquisitions, including major brands such as The North Face, Vans, Nautica and Timberland, as well as dramatic international expansion. She was instrumental in the development of VF’s Global Compliance Principles and currently serves on the Board of Worldwide Responsible Accredited Production (WRAP).
“The past two decades have included many milestones for VF, from significant acquisitions, to international expansion, to substantial increases in our direct-to-consumer capabilities,” said Eric C. Wiseman, VF chairman and CEO. “These milestones would not have been achievable without strong legal guidance, and we have been fortunate to have had Candace’s leadership in this area. We thank her for her many years of passionate service and dedication to our company. And while we will all miss having Candace on our team, we are very happy for her as she begins a new chapter in her life.”
Ms Cummings said: “It has been a joy and a privilege to serve this outstanding company. I have incredible admiration for the dedication and talent of all of our VF associates, who strive every day to make this company the great success that it is and no doubt will continue to be. I am especially proud of my exceptional Legal team, and I am thrilled to have Laura as my successor.”
Ms Meagher has been practicing corporate law for more than 22 years, eight of those with VF Corporation. She will assume overall responsibility for VF’s legal function, including compliance with securities laws, mergers and acquisitions, general corporate law and corporate governance, and intellectual property law and litigation.
“Laura has played an important role on our Legal team and, most recently, was integral in our 2011 acquisition of The Timberland Company,” Mr Wiseman said. “I have complete confidence in Laura, and I’m pleased to have her assume this important leadership position at VF.”