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Kellwood board names new CFO

Friday, June 8, 2007

Kellwood Co. said that during its board meeting Thursday, the directors elected five new officers, including Gregory Kleffner as the new chief financial officer.

Kleffner previously served as senior vice president of finance and controller since June 2006. He succeeds W. Lee Capps III as CFO and reports to Robert Skinner Jr., Kellwood chairman, president and CEO.

Capps relinquished his role as CFO, according to a release, "to intensify his focus on operations" and continues to serve as chief operating officer.

The four other new officers are:

* Patrick Burns was elected corporate vice president and chief strategy and marketing officer. Previously, Burns was vice president marketing and strategy, a post he had held since October 2006 when the company established a corporate marketing function. Burns is based in New York.
* Samuel Duggan II was elected corporate vice president investor relations and treasurer. Most recently, he served as vice president treasury services, a post he had held since May 2006.
* J. David LaRocca Jr. was named corporate vice president human resources. LaRocca joined Kellwood in January 2006 from Limited Brands Inc.
* Michael Saunders, Kellwood vice president and chief information officer (CIO), was elected corporate vice president and CIO.

Separately, Kellwood said Friday that board member, Robert "Bob" Baer, retired from the board effective Thursday. Baer, 69, has served on the Corporate Governance Committee since 2004, and the Compensation Committee since 2005. He is currently president emeritus of UniGroup Inc.

A search is underway for a new board member, according to a release.

St. Louis-based Kellwood Co. (NYSE: KWD) manufactures branded and private-label apparel and recreational and camping equipment.


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