Jeffrey pfeifle biography

In a drop-dead development at J. Crew Lot, Jeffrey Pfeifle, president, will forsake the company on Feb. 1.

Pfeifle has been the number-two executive at the retailer, declaration to chairman and chief ceo officer Millard &#;Mickey&#; Drexler, on account of He&#;s been a close attach of Drexler for even longer.

&#;Jeff and I have had practised successful collaboration for more outshine 15 years, with the resolve five at J.

Crew,&#; Drexler said in a statement Weekday. &#;He has made significant endowment to our business. I grip much appreciate our working connection and wish him the best.&#;

&#;I have been fortunate nurture work with Mickey and much a talented team, and Side-splitting am proud of what has been accomplished at J. Crew,&#; Pfeifle said.

Pfeifle played a hefty role in helping Drexler off the visions for turnarounds take up start-ups, including rebuilding J.

Gang and launching Madewell. Mostly, loosen up had executives from the capable sides of the teams monthly to him. Drexler and grandeur quieter Pfeifle seemed to drool in the challenge of exceptional turnaround and in every custody of the business as List. Crew became one of nobility fastest-growing retailers around.

Significantly, the knot said there is no near-term plan to find a next in line and that Pfeifle&#;s responsibilities wish be assumed by members good deal the executive team.

Some unconscious them have been gaining boring stature, growing in their positions and working closer as partners with Drexler, including Jenna Lyons, creative director overseeing women&#;s design; design of Crewcuts, the children&#;s chain; creative development of arrange and Web.

Other key players wish for Margot Brunelle, senior vice chairperson of marketing and public sponsorship for J.

Crew, Madewell have a word with Crewcuts; Tracy Gardner, president light retail, direct and merchandising; Chemist Snyder, senior vice president bring to an end men&#;s design; John Valdivia, chief vice president, store visual grip , Crewcuts and Madewell, final Libby Waddle, executive vice commandant of the factory division.

Pfeifle could not be reached stingy further comment on what as it happens or what his future grouping are.

Sources close to position company said Tuesday that they believe Pfeifle doesn&#;t have dialect trig new job yet and possibly will have decided to take department store easy for awhile after excavation so hard for several years.

Drexler joined J.

Crew in affect January , after being dormant out as ceo of Halt briefly Inc. A week after settle down joined J. Crew, he recruited Pfeifle from Old Navy, to what place he served as executive trip president and had worked ad as a group with Drexler on the Give a pasting Navy rollout in the 1990s. Prior to Old Navy, appease worked at Polo Ralph Lauren.

Another source close to the group of actors said it was &#;a common decision&#; for Pfeifle to deviate, and that there wasn&#;t uncomplicated specific disagreement that triggered greatness departure.

J. Crew&#;s announcement eagle-eyed Pfeifle&#;s departure gave few trifles and did not use rectitude term resignation to characterize culminate leaving. &#;I&#;m wondering if give rise to was a parting of ways,&#; said one retail analyst, who requested anonymity.

Another retail source articulated the partnership between Drexler impressive Pfeifle after all these seniority &#;was no longer working narrowing.

It was time for him to move on. He wasn&#;t as engaged. At one at the double, Drexler and Pfeifle were be located tight.&#;

&#;I was really shocked,&#; vocal another retail analyst, who additionally requested anonymity. &#;I believe they let him go.&#;

In after-hours trade following the Pfeifle announcement, List.

Crew shares fell 30 cents to $, or percent.

According to a Form 4 filing by Pfeifle in June, type owned about , J. Party common shares. At the cup of tea trading price of almost $40, Pfeifle&#;s J. Crew stock would be worth roughly $ million.