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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
05/26/201606:45:00Coach, Inc. to Present at the Bernstein Strategic Decisions Conference
05/18/201606:45:00Coach, Inc. Declares Quarterly Cash Dividend
05/04/201617:56:38Statement of Changes in Beneficial Ownership (4)
04/27/201603:04:00Coach Bags Better Sales, Returning to Growth in North America...
04/26/201612:22:00Coach Tops Expectations as Sales Improve -- Update
04/26/201609:30:00Coach Tops Expectations as Sales Improve
04/26/201608:29:00Coach Tops Expectations as Sales Improve
04/26/201606:46:18Current Report Filing (8-k)
04/26/201606:45:00Coach, Inc. Reports Fiscal 2016 Third Quarter Results; Returns...
04/19/201606:45:00Coach, Inc. to Host Third Quarter of Fiscal Year Earnings Call
04/08/201613:52:00MARKET SNAPSHOT: Wall Street Pares Gains As Gap Inc., Retailers...
03/01/201608:40:00Kate Spade Revenue Misses Expectations
02/22/201613:19:44Amended Statement of Ownership (sc 13g/a)
02/18/201606:45:00Coach, Inc. Declares Quarterly Cash Dividend
02/12/201616:37:50Amended Statement of Ownership (sc 13g/a)
02/10/201610:18:57Amended Statement of Ownership (sc 13g/a)
02/04/201616:35:20Securities Registration: Employee Benefit Plan (s-8)
02/04/201600:23:00Coach 2nd-Half Net Sales Rise to $2.30 Billion From $2.26 Billion...
02/02/201609:30:00Coach to Open ‘Coach House’ on Fifth Avenue in New York City
01/26/201611:58:00Coach Reports Sales Improvement - Update

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