HanesBrands hires general counsel and CCO
NYSE-listed HanesBrands has hired Tracy Preston as general counsel, corporate secretary and chief compliance officer (CCO). She will join the company on March 29.
Preston is currently with The Neiman Marcus Group, where she is executive vice president, chief legal officer, corporate secretary and CCO. Before joining Neiman Marcus in 2013, she worked at Levi Strauss & Co in senior legal positions such as chief counsel for global supply chain, CCO and chief counsel for global human resources and litigation.
Earlier in her career, Preston was a partner with law firm Orrick Herrington & Sutcliffe. In her new role, she will be responsible for HanesBrands’ global legal and compliance functions and will report to CEO Steve Bratspies.
‘Tracy is a strategic leader with extensive experience in apparel, retail and e-commerce, and I am pleased she’s joining the HanesBrands team,’ Bratspies says in a statement. ‘Tracy has an impressive background in major business transformations and building iconic, global brands. I look forward to working with her as we execute our Full Potential plan and deliver long-term growth.’
Winston-Salem, North Carolina-based HanesBrands sells underwear and activewear apparel globally under brands such as Hanes, Champion, Bonds, Maidenform, Playtex and Wonderbra.
Late last year it was announced that Joia Johnson, chief administrative officer, general counsel and corporate secretary of HanesBrands, plans to retire this coming May. Johnson joined the company as chief legal officer, general counsel and corporate secretary in 2007 and took up her present role in 2016.
‘Among other things, Joia has led the company’s social responsibility efforts and been a very effective adviser to the board of directors. On behalf of the entire company, I want to thank her for her countless contributions to HanesBrands and wish her all the best in the future,’ Bratspies said last year.