Fruit of the Loom Inc. Names Melissa Burgess-Taylor as Chairman, CEO
December 01 2016 - 7:19PM
Dow Jones News
By Nicole Friedman
Berkshire Hathaway Inc.'s Fruit of the Loom Inc. named 17-year
company veteran Melissa Burgess-Taylor as its new chairman and
chief executive Thursday.
The apparel company's past president and CEO Rick Medlin died of
natural causes Sunday at age 68, the company said.
Mrs. Burgess-Taylor is senior vice president of brand management
and sales for the company's Fruit of the Loom, Vanity Fair, Lily of
France, Vassarette and Curvation brands.
Mrs. Burgess-Taylor is "passionate, smart, and cares deeply
about Fruit of the Loom customers and employees," said Warren
Buffett, chairman of Berkshire Hathaway, in a statement. "She
understands the importance of building a great brand, and she'll
add tremendous value to Fruit of the Loom going forward."
Bowling Green, Ky.-based Fruit of the Loom was acquired by
Berkshire in 2002, and Mr. Medlin became chief executive in
2010.
"Rick lived and breathed Fruit of the Loom, and he was an
inspirational leader to everyone associated with the company. He
will be greatly missed," Mr. Buffett said.
Write to Nicole Friedman at nicole.friedman@wsj.com
(END) Dow Jones Newswires
December 01, 2016 19:04 ET (00:04 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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