Abercrombie general counsel to leave company

Aug 01, 2018
Robert Bostrom joined clothing company in January 2014

Robert Bostrom, senior vice president, general counsel and corporate secretary at Abercrombie & Fitch, will be leaving his role at the end of next month.

According to a regulatory filing, Bostrom will continue to serve as senior vice president and special counsel until March 31, 2019, or an earlier date after December 31, 2018 if he opts to do so. In the meantime, the company will appoint an external recruitment firm to manage the search process for a new general counsel.

The filing states that Bostrom joined Abercrombie & Fitch on January 3, 2014 to help the company through the resolution of a then-pending proxy fight and the adoption of corporate governance reforms accompanying changes to the composition of the board of directors.

‘Over the past four years, there has been a transition and evolution in leadership at both the board and executive management levels. The registrant has also continued to review and implement corporate governance best practices,’ the company says in the filing. ‘Now that the registrant has successfully completed its leadership transitions and transformation of its corporate governance structure, Mr Bostrom will be leaving the registrant to pursue new challenges.’

Bostrom joined Abercrombie from law firm Greenberg Traurig, where he served as co-chair of the financial regulatory and compliance practice. Before that, he was executive vice president, general counsel and corporate secretary of the Federal Home Loan Mortgage Corporation, where he helped direct the company’s legal strategy during the financial crisis.

He has advised boards of directors and committees on corporate governance issues, compliance and enterprise risk management programs and crisis management.

In a statement, a spokesperson said: ‘Bob has played a critical role in supporting the board and the company through an important period in the company’s development, including spearheading the creation and implementation of a new corporate governance structure, aligned with industry best practices. We are grateful to him for his many contributions and wish him all the best as he seeks new challenges.’

 

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