Ravi Thanawala Appointed CFO of American Eagle Outfitters

Ravi Thanawala was appointed Chief Financial Officer of American Eagle Outfitters on June 10, 2024. He succeeds Mike Mathias, who will continue with the company as an advisor to CEO Jay Schottenstein. Thanawala brings extensive financial leadership experience to the role, having previously served as Executive Vice President and Chief Financial Officer at Abercrombie & Fitch Co. from 2017 to 2023. During his tenure at Abercrombie & Fitch, he played a key role in the company's financial strategy and operational execution, contributing to its significant brand revitalization and growth.

Prior to his role at Abercrombie & Fitch, Thanawala held various senior finance positions at other prominent retail organizations. His career includes a significant period at Target Corporation, where he served in multiple financial leadership capacities from 2007 to 2017. At Target, he was instrumental in managing financial planning, analysis, and investor relations, supporting the company's strategic initiatives and market performance. His background also includes experience in investment banking, providing him with a broad understanding of corporate finance and capital markets.

American Eagle Outfitters, a global lifestyle brand, operates a portfolio of brands including American Eagle and Aerie. The company has been focused on enhancing its digital capabilities and expanding its market reach. The appointment of Thanawala is expected to further strengthen the company's financial management and strategic planning as it navigates the evolving retail landscape. CEO Jay Schottenstein expressed confidence in Thanawala's ability to lead the finance organization and contribute to the company's continued success. Mathias's transition to an advisory role will ensure a smooth handover and leverage his deep understanding of American Eagle Outfitters' operations.