Good morning. Ralph Lauren has named a new CFO, effective today: Justin Picicci. After joining the company in 2006, he most recently served as enterprise CFO—part of the company’s multi-year succession process.
Picicci succeeded Jane Nielsen, who became CFO in 2016 and added the role of chief operating officer in 2019. She will remain on as COO through March 2025. Nielsen, who has worked with Picicci for the last seven years, said she's "thrilled" to have him step into the CFO role and looks forward to a seamless transition to "make sure that Justin is set up for success," she said. “I really believe that the company is on a very firm financial foundation and that our strategy is being executed well,” she told me.
