NEW YORK — Former Revlon executive Jack Stahl has been appointed to Saks’ board of directors, effective Jan. 16. He also will serve on the audit committee of the board.
Stahl has more than 30 years of management, finance, and consumer products experience and currently devotes his time primarily to serving on both corporate and not-for-profit boards and advisory work. From 2002 through 2006, he served as president and CEO of Revlon. Prior to joining Revlon, Stahl spent more than 20 years with Coca-Cola. He joined Coca-Cola in 1979 and moved through the ranks in the company’s finance department, becoming CFO at the age of 36. Subsequent to that, he held various operational roles of increasing responsibility, eventually serving as president and COO of the then-$20 billion consumer soft drink company. He began his career at Arthur Andersen.
Stahl also serves on the boards of directors of Dr Pepper Snapple Group, Coty and Delhaize Group.
The company also announced that Ronald de Waal, chairman of WE International, B.V., a Netherlands retail and fashion company, and Christopher (Chris) J. Stadler, managing partner of CVC Capital Partners, both resigned from the company’s board, effective Jan. 16, each citing that their future schedules were not likely to allow sufficient time to devote to their Saks board responsibilities.