G-III Apparel Group, Ltd. has promoted Wayne S. Miller to the newly created position of Chief Operating Officer in addition to maintaining his current duties as Chief Financial Officer.
Mr. Miller will oversee the company's operations in the areas of new business development, distribution, finance and information technology. He will continue to report directly to Morris Goldfarb, the Company's Chairman and Chief Executive Officer. Mr. Miller has been GIII's Chief Financial Officer and Senior Vice President since April 1998. In November 1998, Mr. Miller was also elected Secretary and Treasurer. Mr. Miller began his career with Ernst & Young and has held various senior level financial positions in the apparel industry prior to joining GIII.
Morris Goldfarb, Chief Executive Officer, said “Wayne has been an invaluable member of our management team and we are pleased to appoint him to this newly created position within G-III. In addition to his financial expertise, Wayne possesses a deep understanding of our company from an operational perspective. He is also an integral part of our strategic planning process. I am confident that he will serve us well in this new capacity and that his insight will continue to be instrumental in leading G-III through its next stage of growth.”
Also today, the Company announced that Neal Nackman has been hired as the Vice President-Finance. Neal was formerly a partner with Grant Thornton and subsequently held senior level finance positions at Nautica, Inc., Perry Ellis, Inc. and Martha Stewart Living Omnimedia. Mr. Nackman will report directly to Mr. Miller and will support him in his duties as Chief Financial Officer.
