VF Corp, a global apparel and footwear company, has appointed Caroline Brown to its board of directors following constructive engagement with activist investor Engaged Capital. The company also plans to appoint another independent director agreed upon with Engaged Capital. Caroline Brown, a luxury and fashion veteran, previously served as managing director at Closed Loop Partners and has held leadership positions at Donna Karan International, DKNY, Carolina Herrera, and Akris Inc. VF Corp is currently undergoing a major turnaround under the leadership of CEO Bracken Darrell, who aims to sell off certain brands and revitalize the company's portfolio [eb2da742].
Boxwood Property Fund has announced the appointment of Sarah Divaris as its new Chief Operating Officer (COO). Sarah, at the age of 29, is one of the youngest COOs in the sector. She holds a Business Science Degree in Finance and Economics and is a CFA Charterholder. Sarah has been with Boxwood for eight years and has been instrumental in shaping the company's trajectory. She has been involved in planning, capital raising, and pursuing the company's first major acquisition. Sarah's responsibilities have evolved over time, and she now manages and grows Boxwood's R3bn property portfolio. She has a multifaceted approach, handling tenant liaison, lease negotiation, development work, acquisition selection, feasibilities, and due diligence. Sarah's creativity is evident in her ability to blend financial expertise with the creative demands of the property business. She has a passion for fostering entrepreneurship in South Africa and is dedicated to developing young property professionals. As the new COO, Sarah's leadership philosophy centers on collaboration, empowerment, and alignment with Boxwood's strategic goals. CEO Rob Kane believes the promotion is well-deserved and looks forward to a successful future under Sarah's leadership.