Polo Ralph Lauren (NYSE: RL) announced that Hubert Joly, President and Chief Executive Officer of Carlson Companies, Inc. has joined the Company’s Board of Directors. Mr. Joly’s election brings the number of Directors on the Company’s Board to eleven.
“We are excited to welcome Hubert Joly to our Board of Directors. His vast experience and expertise in hospitality and customer service on a global scale will provide us with a new perspective as we continue to strengthen and expand our business around the world,” said Ralph Lauren, Chairman and Chief Executive Officer of Polo Ralph Lauren.
Since 2008 Mr. Joly has served as President and Chief Executive Officer of Carlson, a private company operating in the areas of hospitality and marketing. He also serves as a member of Carlson’s board of directors. Mr. Joly joined Carlson in 2004 as President and Chief Executive Officer of Carlson Wagonlit Travel.
Previously, Mr. Joly served as Executive Vice President, American Assets at Vivendi Universal from 2002 to 2004 and in various other positions at Vivendi Universal since 1999. Mr. Joly also serves on the boards of the Minneapolis Institute of Arts, the Minnesota Business Partnership and the World Travel and Tourism Council.
More information about Polo Ralph Lauren's Board of Directors and corporate governance practices can be found on the Company's web site at http://investor.ralphlauren.com.
ABOUT POLO RALPH LAUREN
Polo Ralph Lauren Corporation (NYSE: RL) is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances. For more than 40 years, the Company's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Collection, Black Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX, Rugby, Ralph Lauren Childrenswear, American Living, Chaps and Club Monaco, constitute one of the world's most widely recognized families of consumer brands. For more information, go to http://investor.ralphlauren.com.
Julie Berman, 212-583-2262
James Hurley, 212-813-7862