PVH Corp appoints Mastercard exec to Board of Directors

PVH Corp, owner of Calvin Klein and Tommy Hilfiger, has announced the appointment of Ajay Bhalla to its Board of Directors.

Bhalla joins the board as part of its ongoing "refreshment process", which will to bring together business leaders with a diverse range of experiences, backgrounds and perspectives to support the PVH+ Plan.

The PVH+ Plan is the company’s multi-year strategy to accelerate growth by building on PVH’s core strengths and connect Calvin Klein and Tommy Hilfiger closer to the consumer.

Bhalla is currently President of Mastercard’s Cyber & Intelligence organisation, responsible for advancing trust across Mastercard’s brand, products, services and digital ecosystem.

Having been at the company for over 20 years, Bhalla has held various global leadership positions of increasing responsibility and is also a member of Mastercard’s Executive Leadership Team and Management Committee.

Stefan Larsson, CEO at PVH Corp, said: “Ajay brings deep digital commerce and cybersecurity expertise and he leads a fast-growing global business. His unique knowledge and experience, connecting consumer, commerce and technology, will be especially valuable in supporting the digital components of the PVH+ strategy.”

Michael Calbert, PVH Board Chair, commented: “We are pleased to welcome Ajay to PVH’s Board of Directors. Along with his extensive track record of success as a solutions-oriented innovator and touching nearly every aspect of Mastercard’s business, he is committed to supporting Mastercard’s environmental, social and governance efforts, in line with PVH’s purpose to drive fashion forward for good."

Ajay Bhalla, newly appointed board member at PVH Corp, added: “It’s an honour to join PVH’s Board of Directors at this important time for the company and the industry, and to be part of a values-led company with two of the world’s most iconic global brands, Calvin Klein and Tommy Hilfiger."