Ralph Lauren’s long-time CFO on preparing her successor—and what’s next after her COO tenure

(Credit: Courtesy of Ralph Lauren Corporation)

A CFO transition is taking place at the iconic American fashion house Ralph Lauren—and mentoring played a big role.

Jane Nielsen, who became CFO in 2016 and added the role of COO in 2019, will remain on as the latter through March 2025 as Justin Picicci becomes the new finance chief—effective today. Nielsen has worked with Picicci for seven years. He joined the company in 2006, most recently serving as enterprise CFO, which is part of the company’s multi-year succession process.