Vans announced that Art Carver, SVP of Global Operations, and Bob Nagel, SVP of Sales and Apparel, are leaving the company as of May 31, 2003. Vans CEO Gary Schoenfeld described the move as “an effort to reduce fixed costs”.

In a related action, Kevin Bailey was promoted to run the Vans retail division and Steve Munn has been promoted to Vice President of National Sales. Munn, a former Reebok RVP, has been in charge of national sales operations for the last year. Bailey was Vice President – Retail Operations.