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Stock impact report

Wolverine names former Under Armour, Designer Brands vet as chief product officer [Yahoo! Finance]

Wolverine World Wide, Inc. (WWW) 
Last wolverine world wide, inc. earnings: 4/22 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Wolverine World Wide has named Mike Maloney as chief product officer for its Work Group, according to a press release Tuesday. Maloney will lead product development, merchandise strategy and market expansion initiatives across all brands within the division, which includes Wolverine, Cat Footwear, Bates, Harley-Davidson Footwear, Merrell Work and Hytest, according to the release. Maloney joins Wolverine after three years at Designer Brands, most recently as vice president and general manager of new and owned brands, including Crown Vintage and Le Tigre, according to his LinkedIn. His career also includes stints at Under Armour, Adidas and Columbia. The hire comes as Wolverine is undergoing a series of changes as part of its corporate restructuring plan , which looks to create $215 million in annualized savings. Maloney said he was excited to join Wolverine during what he called a “pivotal moment for the organization.” “The direction we are taking in product innovation and b Show less Read more
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