Ralph Lauren senior executive Smith resigns after probe into improper conduct
10:43 am Wednesday, March 02nd, 2022
(Reuters) – Ralph Lauren Corp said on Wednesday its Chief Commercial Officer Howard Smith would step down after an investigation found that he violated the company’s code of conduct.
In a message to employees, founder Ralph Lauren and CEO Patrice Louvet said the retailer’s board had launched an independent investigation after receiving allegations against Smith.
The company did not respond to a request for more details on the violations. Smith did not immediately respond to a request for comment.
A 20-year veteran of the retailer, Smith was appointed to his current role in 2019 and was responsible for overseeing the company’s retail channels and “go-to-market” strategy.
His resignation is effective April 2.
(Reporting by Uday Sampath in Bengaluru; Editing by Aditya Soni)
