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Ralph Lauren CEO Stefan Larsson to leave

Stefan LarssonRalph Lauren Corporation announced that Stefan Larsson, president and chief executive officer, will depart from the company on May 1, 2017.

Mr. Larsson has been Ralph Lauren President & Chief Executive Officer and a director of the Company since November 2015.

READ MORE Ralph Lauren announces Robert Madore as CFO

Mr. Larsson was the Global President of Old Navy, Inc., a division of The Gap, Inc., from October 2012 to October 2015.

Previously, Mr. Larsson held various leadership positions at H&M Hennes & Mauritz AB (H&M), serving as Head of Global Sales from 2010 to 2012; Head of Global Expansion from 2009 to 2010; Head of Operations, Global Expansion from 2007 to 2009; and Regional Manager, U.S. West Coast from 2005 to 2007.

Prior to that, Mr. Larsson served in numerous global roles at H&M with responsibility for products, including merchandising, planning and production.

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