Board of Directors
Board of Directors
David KaplanChairmanDavid Kaplan has served as Chairman and a director of the Company since October 2013. He is a Senior Partner and Co-Head of the Private Equity Group of Ares Management. Mr. Kaplan is also a Founding Member of Ares and serves on the Firm’s Management Committee. He additionally serves on several of the investment committees for the funds managed by the Ares Private Equity Group. Mr. Kaplan joined Ares Management in 2003 from Shelter Capital Partners, LLC, where he was a Senior Principal from June 2000 to April 2003. From 1991 through 2000, Mr. Kaplan was affiliated with, and a Senior Partner of, Apollo Management, L.P. and its affiliates, during which time he completed multiple private equity investments from origination through exit. Prior to Apollo Management, L.P., Mr. Kaplan was a member of the Investment Banking Department at Donaldson, Lufkin & Jenrette Securities Corp. Mr. Kaplan currently serves as Chairman of the Board of Directors of Smart & Final Holdings, Inc., and as a member of the Boards of Directors of 99¢ Only Stores, Floor and Decor Outlets of America, Inc., and Guitar Center Holdings, Inc.,. Mr. Kaplan’s previous public company Board of Directors experience includes Maidenform Brands, Inc. where he served as the company’s Chairman, GNC Holdings, Inc., Dominick’s Supermarkets, Inc. Stream Global Services, Inc., Orchard Supply Hardware Stores Corporation, and Allied Waste Industries Inc. Mr. Kaplan also serves on the Board of Directors of Cedars-Sinai Medical Center and serves on the Los Angeles Advisory Council to the University of Michigan. Mr. Kaplan graduated with High Distinction, Beta Gamma Sigma, from the University of Michigan, School of Business Administration with a B.B.A. concentrating in Finance.
Geoffroy van RaemdonckMr. van Raemdonck, 45, has served as our Chief Executive Officer and a member of our Board of Directors since February 2018. Previously, served as Group President for Europe, Middle East & Africa and Global Travel Retail at Ralph Lauren from November 2014 until December 2017. Mr. van Raemdonck served as Chief Executive Officer at St. John Knits International, Inc. from August 2013 to November 2014. Prior to that, he held a variety of global leadership roles, most recently President South Europe, at Louis Vuitton from August 2008 to August 2013, and executive leadership positions at L Brands, Inc. from July 2004 to August 2008. Mr. van Raemdonck began his career as a consultant with Boston Consulting Group. He holds an MBA from the University of Chicago, and an MBS from the Université catholique de Louvain in Belgium.
Nora AufreiterNora Aufreiter has served as a director of the Company since January 2014. She is a Director Emeritus of McKinsey and Company, retiring in June 2014 after more than 27 years as a Director and senior partner. Ms. Aufreiter was among the first dozen women globally to be elected a Director at McKinsey. While there, she worked extensively in the US, Canada, and internationally with major retailers, financial institutions and other consumer-facing companies. She was also a member of McKinsey's global personnel committees. During her years at McKinsey, she led the North American Retail practice, the Toronto office, and McKinsey's Digital, Omnichannel and Branding practices. Ms. Aufreiter also serves on the boards of The Kroger Company, one of the world’s largest supermarket operators, the Bank of Nova Scotia, Canada’s most international bank with operations in over 55 countries, and Cadillac Fairview, one of North America's largest owners, operators, and developers of commercial real estate. She is also a director of several non-profit organizations including St. Michael's Hospital in Toronto, the Canadian Opera Company and the Dean's advisory board of Western University in London, Ontario Nora began her career at Bank of America as a corporate finance officer. Nora has an MBA from the Harvard Business School and an HBA from The University of Western Ontario's Ivey School of Business.
Norman AxelrodNorman Axelrod has served as a director of the Company since October 2013. He was Chief Executive Officer and Chairman of the board of directors of Linens ‘n Things, Inc., a retailer of home textiles, housewares and decorative home accessories, until its acquisition in February 2006. Mr. Axelrod joined Linens ‘n Things as Chief Executive Officer in 1988 and was elected to the additional position of Chairman of the board in 1997. From 1976 to 1988, Mr. Axelrod held various management positions at Bloomingdale’s, ending with Senior Vice President, General Merchandise Manager. Mr. Axelrod is the Chairman of the board of directors of Floor and Decor Outlets of America, Inc. and also serves on the boards of directors of Smart & Final Holdings, Inc., 99 Cents Only Stores, and Guitar Center Holdings, Inc. Mr. Axelrod was also the Chairman of the board of directors of GNC Holdings, Inc., National Bedding Company LLC, and Simmons Company and served as a member of the board of directors of Reebok International Ltd. and Maidenform Brands, Inc. Since 2007, Mr. Axelrod, through his consulting entity, NAX 18, LLC, has provided consulting services to certain entities related to Ares Management. Mr. Axelrod earned a BS in Management and Marketing from Lehigh University and an MBA from New York University.
Mr. Bourguignon is one of the most highly regarded executives in the travel industry, with an impressive track record as an innovator and leader. A self-proclaimed dreamer, Mr. Bourguignon has dedicated his 40-year career in tourism to forever change the way people experience the world by seeking out new and disruptive brands. In addition to his leadership of Revolution Places LLC, he also served as Executive Co-Chairman of the Board of Exclusive Resorts, combining the highly personalized service of 5-star hotels with the space and privacy of 400+ multi-million dollar villas.
Today, in addition to serving on the board of Neiman Marcus, Mr. Bourguignon also serves as Chairman of Primonial, the largest independent wealth management firm in France, serves on the boards of Operation HOPE, a non-profit organization with a vision to eradicate poverty and is Chairman of the HOPE Global Forum. Last, he is a co-founder of “The Monthly Barometer” and an active investor in OneRagtime, a European disruptive venture platform. Prior to joining Revolution Places, Mr. Bourguignon was co-CEO of the Davos-based World Economic Forum in 2003 and 2004 and Chairman and CEO of Euro Disney. Previously, as chairman and CEO of Club Med, he was widely credited for the comprehensive turnaround of the company in 2000. The change included refocusing the brand, revamping operations and restoring competitiveness, implementing an innovative pricing policy and completely overhauling the management culture. Mr. Bourguignon began his celebrated career in tourism with the Accor group, one of the largest hotel groups in the world. During his 14-year tenure with Accor, he served as vice president of Development for Asia/Middle East and executive vice president of North America before being promoted to president of Accor for the Asia/Pacific region. Mr. Bourguignon previously served as a member of the board of directors for Zipcar and spent 11 years on the board at eBay.
Graeme EadieMr. Eadie has served as a director of the Company since May 2017. He is a Senior Managing Director and chair of the Private Investments department's investment committee and Private Credit investment committee plus a member of the senior investment committee and the Investment Planning Committee of CPP Investment Board. Previously, he was Senior Managing Director responsible for the global Real Assets program at CPP Investment Board, which encompasses Real Estate (both equity and debt investments), Infrastructure and Agricultural investments. Prior to joining the CPP Investment Board in June 2005, Mr. Eadie held multiple roles including Chief Financial Officer, Chief Operating Officer and President of Cadillac Fairview. Mr. Eadie has also held senior management positions with a number of entities in the retail and manufacturing areas and formerly was a Trustee of the Morguard Real Estate Investment Trust and a Director of the Ontario Realty Corporation. He serves as a director for Aliansce Shopping Centres and as a trustee for Choice Properties.
Dennis GiesDennis Gies has served as a director of the Company since July 2016. He is a Partner in the Private Equity Group of Ares Management. Mr. Gies joined Ares Management in 2006 from UBS Investment Bank, where he participated in the execution of a variety of transactions including leveraged buyouts, mergers and acquisitions, dividend recapitalizations and debt and equity financings. Mr. Gies currently serves on the boards of directors of Smart & Final Stores, Inc., 99 Cents Only Stores and Deva Holdings, Inc. Mr. Gies also serves on the Board of Trustees of the Center for Early Education in Los Angeles, California. He graduated with an MS in Electrical Engineering from the University of California, Los Angeles and with a BS in Electrical Engineering from Virginia Tech.
Alan J. HerrickMr. Herrick has served as a member of the Parent Board since May 2018. Mr. Herrick joined the
Parent Board from Publicis.Sapient, the combined digital transformation division of Publicis Groupe consisting of Sapient,
Razorfish and DigitasLBi, where he served as CEO from February 2015 to February 2017 and as Chairman from January 2017
to March 2018. Prior to that, Mr. Herrick served as President, CEO and Co-Chairman of Sapient Corporation, a publicly-traded
digital business transformation services company, from October 2006 to February 2015. He held numerous executive positions
with Sapient previously. Prior to joining Sapient in 1995, Mr. Herrick held key management positions at PSE&G, Prudential
and Home Holdings, Inc. Mr. Herrick holds a Bachelor’s Degree from the University of Rhode Island. Mr. Herrick’s extensive
executive experience in brand and digital transformation led to the conclusion that he should serve on the Parent Board.
Karen W. KatzMs. Katz has served as a member of our Board of Directors since October 2010. From October 2010 until her retirement in February 2018, she served as our President and Chief Executive Officer. Previously, she served as Executive Vice President and as a member of the Office of the Chairman from October 2007 until October 2010. From December 2002 to October 2010, she served as President and Chief Executive Officer of Neiman Marcus Stores. Ms. Katz serves on the board of directors of Under Armour, Inc. and formerly served on the board of directors of Pier 1 Imports, Inc. Since joining the Company in 1985, Ms. Katz has been in charge of a variety of business units and has demonstrated strong and consistent leadership. She has an extensive understanding of the Company's customers and the retail industry that enables her to promote a unified direction for both the Board of Directors and management.
Cesare J. RuggieroMr. Ruggiero has served as a member of the Parent Board since May 2018. Mr. Ruggiero is a
Senior Principal in the Portfolio Value Creation group at CPPIB, where he supports management teams of individual
investments to achieve full value potential. Mr. Ruggiero joined CPPIB in March 2014 from The Boston Consulting Group,
where he had served since September 2011 advising clients in the retail, consumer, durable goods and other industries on
strategy, corporate development, operations improvement and transformations. Prior to joining The Boston Consulting Group,
he was with Capgemini Consulting (formerly Cap Gemini Ernst & Young), where he worked with global corporate clients in
the United States, China and internationally on various value creation initiatives. At Capgemini, he held leadership roles in the
Strategy & Transformation service line, the U.S. west region, the U.S. mergers and acquisitions practice, as well as co-led the
global mergers and acquisitions practice. Mr. Ruggiero holds an Hon. BA with high distinction from the University of
Toronto. Mr. Ruggiero’s financial and operational expertise, as well as experience delivering value creation initiatives with
private equity portfolio companies across various industries, led to the conclusion that he should serve as a member of the