“One of the many strengths of our Company is the people who make up our teams, including the members of our Board. I look forward to learning from Wei, who shares a passion for storytelling, innovation and entrepreneurialism – each representing core values for our brand,” Ralph Lauren, executive chairman and chief creative officer, said in a media release.
Patrice Louvet, president and chief executive officer, said, “Wei’s blend of experience and knowledge in international operations – in particular Asia, business development, media and digital transformation, make her a timely and relevant addition to the Ralph Lauren Board of Directors. We look forward to benefiting from her perspective as we continue on our journey to become the Leading Luxury Lifestyle Company and execute on our Next Great Chapter: Accelerate strategy.”
Ralph Lauren Corporation has announced the election of Wei Zhang, most recently senior advisor and prior president of Alibaba Pictures Group, to the company’s board of directors, effective November 9, 2022. With the election of Zhang, the Ralph Lauren board is now comprised of 13 directors. Zhang was with Alibaba Group from 2008 until 2022.
Zhang was with Alibaba Group from 2008 until 2022. She has held positions within Alibaba Group as senior vice president across investment and acquisition, corporate strategy and led Alibaba’s corporate social responsibility initiatives.
Zhang said, “I’ve always admired Ralph Lauren’s Purpose that inspires people to dream and live the life they want to live. I look forward to joining their esteemed Board of Directors, supporting the iconic brand to deliver on their Next Great Chapter: Accelerate strategy.”
Before joining Alibaba Group, Zhang held positions at corporations including News Corp China, CNBC China, consulting firm Bain & Company and at global conglomerate General Electric.
Fibre2Fashion News Desk (KD)