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Coach Hires PepsiCo's Jane Nielsen As Chief Financial Officer

DOW JONES NEWSWIRES Coach Inc. (COH) hired Jane Nielsen from PepsiCo Inc. (PEP) to succeed retiring Chief Financial Officer Michael F Devine III, effective Sept. 1. Nielsen was chief financial officer of PepsiCo Beverages Americas and the global nutrition group. Devine, who has worked at the upscale accessories maker for almost 10 years, announced his retirement plans in February. Luxury retailers have reported better results of late as high-end shoppers opened their wallets in an improving economy and a rebound in stock-market valuations. Coach reported in April its fiscal third-quarter earnings rose 18%, while sales jumped 14%. Shares closed Tuesday at $66.03 and were inactive premarket. The stock has risen 78% over the past year. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Coach (COH)
DateTimeHeadline
03/18/201416:59:14MARKET SNAPSHOT: U.S. Stocks Rise As Ukraine Avoids Violence
03/18/201413:29:37MARKET SNAPSHOT: U.S. Stocks Extend Gains As Putin Says 'no Partition'
03/18/201410:31:21MARKET SNAPSHOT: U.S. Stock Market Edges Higher; Builds On Gains
01/22/201417:14:04MARKET SNAPSHOT: IBM Drags On Dow; U.S. Stocks Mostly Rise
01/22/201415:44:34Coach Earnings Fall on North American Market Weakness -- Update
01/22/201411:11:45MARKET SNAPSHOT: IBM Drags On Dow As U.S. Stocks Mostly Fall
01/22/201410:17:37MARKET SNAPSHOT: U.S. Stocks Open Higher; IBM Drags On Dow
01/22/201409:17:27U.S. Hot Stocks: Hot Stocks to Watch
01/22/201408:32:51Coach Earnings Fall on North American Market Weakness
01/19/201408:17:14MARKET SNAPSHOT: 'Sloppy' Market Turns To Consumer, Tech Earnings
11/15/201309:18:03OZ Management LP 3Q 13F: Largest Purchases -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Largest Purchases
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30
11/15/201309:15:02Lone Pine Capital 3Q 13F: Holdings As Of Sep 30
11/15/201309:15:02Lone Pine Capital 3Q 13F: Largest Purchases
11/15/201308:55:36Highbridge Capital Management 3Q 13F: Holdings As -2-
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201308:39:36Kingdon Capital Management 3Q 13F: Largest Eliminations
10/22/201316:34:38MARKET SNAPSHOT: Stocks Climb; Jobs Report Supports Delayed Taper

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