19 Sep Cherokee Appoints Independent Director
Cherokee Global Brands appointed John T. McClain to the company’s Board of Directors. McClain will serve as an independent director of the company and Chair the Board’s Audit Committee effective immediately.
“John is the perfect addition to our Board,” said Henry Stupp, CEO of Cherokee Global Brands. “Having served in various C-level and senior-advisory roles across a number of publicly traded and apparel enterprises, John brings extensive financial and industry acumen. We look forward to working closely with John and with the rest of the Board, to scale our brands, enhance productivity and grow profitably.”
Robert Galvin, Chairman of Cherokee Global Brands Board of Directors, commented, “On behalf of Cherokee’s Board of Directors, I am pleased to welcome John McClain to our Board. John will join our audit committee as chairperson and we look forward to leveraging his insights and strong financial skills as we continue to strengthen our financial discipline. As always, our mission is to increase long-term value for our shareholders.”
McClain currently serves on two publicly-traded Board of Directors including Lands’ End, Inc. and Seritage Growth Properties (SRG), and is a former Board member of Nine West Holdings, Inc. McClain is former Chief Financial Officer of Linblad Expeditions Holdings Inc., from 2015 to 2016, and The Jones Group, formerly Jones Apparel Group, from 2007 to 2014. Prior to Jones, McClain served as Chief Accounting Officer at Avis Budget Group. McClain is a Certified Public Accountant and holds a Bachelor of Science from Lehigh University in Bethlehem, Pennsylvania.
“I’m delighted to join Cherokee Global Brands Board of Directors,” commented McClain. “The Cherokee team has a compelling vision for the future of their brand portfolio and I look forward to helping guide that strategic direction at the board level while contributing my learnings as a CFO and from serving on other boards.”
Cherokee is a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands including Cherokee, Carole Little, Tony Hawk Signature Apparel and Hawk Brand, Liz Lange, Everyday California, Sideout, Hi-Tec, Magnum, 50 Peaks, Interceptor and Flip Flop Shops.