VF Elects Corporate VP; Announces Promotion
The Board of Directors of VF Corporation, a company in branded lifestyle apparel, elects Karl Heinz Salzburger as a corporate vice president, effective Jan. 4, 2009. He is also promoted to president -- VF International and named a member of VF's Operating Committee. His former title was president -- VF EMEA and Asia. Salzburger will continue to be responsible for driving the growth of VF's brands throughout Europe, the Middle East, Africa and the Asia-Pacific region, reporting to Eric Wiseman, chairman and chief executive officer of VF.
"Karl Heinz has demonstrated exceptional leadership since joining VF in 2000, and has played a key role in driving strong top and bottom line growth in many important geographic markets," says Wiseman. "We look forward to continued growth in our international businesses in the coming years, and expect international revenues to be a third of our total revenues by 2012, if not before. Karl Heinz and his team will continue to lead the expansion of our brands throughout Europe and drive additional strong growth in China, Russia and other emerging markets. The promotion of Karl Heinz as a corporate vice president and member of our Operating Committee acknowledges his contributions to date and recognizes the importance of our international growth plans in the years to come."
"Karl Heinz has demonstrated exceptional leadership since joining VF in 2000, and has played a key role in driving strong top and bottom line growth in many important geographic markets," says Wiseman. "We look forward to continued growth in our international businesses in the coming years, and expect international revenues to be a third of our total revenues by 2012, if not before. Karl Heinz and his team will continue to lead the expansion of our brands throughout Europe and drive additional strong growth in China, Russia and other emerging markets. The promotion of Karl Heinz as a corporate vice president and member of our Operating Committee acknowledges his contributions to date and recognizes the importance of our international growth plans in the years to come."