Centric Brands Inc. Appoints Laura Ritchey, Chief Operating Officer

NEW YORK, NY – February 3, 2020 –--(BUSINESS WIRE)--Centric Brands Inc. (NASDAQ: CTRC), a leading lifestyle brands collective, announces the appointment of Laura Ritchey as Chief Operating Officer, reporting to Mr. Jason Rabin, Chief Executive Officer.

As a member of the executive leadership team, Ms. Ritchey will be responsible for developing the global operating platform and have direct oversight for strategic sourcing, warehousing, logistics and information technology.

“Laura has successfully led all aspects of operations including business transformation, strategy, and day to day execution and will be an important addition to our leadership team,” said Mr. Rabin. “As we look to drive greater efficiency in operations and develop faster and more agile business processes, Laura’s experience will support our improved operating performance and future growth."

“I am delighted to be joining the Centric Brands team at such an exciting time in their transformation and look forward to working with Jason and the leadership team. I will be focused on enhancing our end-to-end supply chain and operating infrastructure to improve product quality and speed to market and optimize costs enabling the business to expand and grow,” said Ms. Ritchey.

Ms. Ritchey has more than 20 years of experience leading retail, manufacturing, distribution, and business operations. While at L Brands, where she served in senior leadership and executive Operations roles, Ms. Ritchey led strategic initiatives that resulted in business processes enhancements from product concept to store, and improvements in end-to-end supply chain management. Most recently she worked at FullBeauty Brands as Chief Operating Officer where she oversaw all retail operations.

Ms. Ritchey began her career in accounting at Arthur Andersen where she worked for seven years before joining Cardinal Health in positions of increasing responsibility in the tax and treasury departments. Ms. Ritchey earned a BA, MBA and JD from The Ohio State University and formerly served as Board Chair for the Girl Scouts of Ohio’s Heartland Council Inc.

About Centric Brands

Centric Brands Inc. (the “Company”) is a leading lifestyle brand collective that designs, sources, markets and sells high quality products in the kids, men’s and women’s apparel, accessories, beauty and entertainment segments. The Company’s portfolio includes more than 100 iconic licensed brands, including Calvin Klein®, Tommy Hilfiger®, Nautica®, Spyder® and Under Armour®, in the kid’s category, Joe’s Jeans® Buffalo® Hervé Léger® and BCBG in the men’s and women’s apparel category, Kate Spade®, Michael Kors®, All Saints®, Frye®, Timberland®, Kenneth Cole®, and Jessica Simpson® in the accessories category, and in the entertainment category, Disney®, Marvel®, Nickelodeon and Warner Brothers®, among many others. The Company’s owned brands include Hudson®, Robert Graham®, Swims® and Avirex®. The Company’s products are sold primarily in North America through leading mass market retailers, specialty and department stores, and online. Centric Brands has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing and brand building. Headquartered in New York City, with offices in Los Angeles, Greensboro, N.C., Toronto, and Montreal. More information about Centric Brands please visit https://www.centricbrands.com.