CHAIRMAN AND CHIEF EXECUTIVE OFFICER
When Lew Frankfort joined Coach, Inc. in 1979 as Vice President of New Business Development, the company's sales were just $6 million. Over the last 30 years, Mr. Frankfort, now Chairman and Chief Executive Officer, has literally transformed Coach from a cottage-industry manufacturer of leather goods into the premier American accessories brand. As of June, 2010, under Mr. Frankfort's stewardship, Coach's annual sales exceeded $3.6 billion.
In his three decades at the company, Mr. Frankfort has continued to build upon Coach's strong customer franchise by broadening product offerings, modernizing stores, accelerating retail expansion, improving operational efficiency and growing the brand's international presence. At the beginning of his career at Coach, Mr. Frankfort spearheaded the development of Coach Stores and its introduction into international markets. In 1985, Coach was acquired by Sara Lee Corporation and he was appointed President of Coach. In 1995, Mr. Frankfort was named Chairman and CEO. During 2000, he oversaw Coach's transition to a publicly traded company listed on the New York Stock Exchange.
Prior to his corporate career, Mr. Frankfort held various positions in the public sector, spending ten years in New York City government. For three of those years, he served as Commissioner of the Agency for Child Development and helped restore New York's Head Start and day care programs during the fiscal crisis of the mid-1970s.
Mr. Frankfort holds a Bachelor of Arts degree from Hunter College, and an MBA in Marketing from Columbia University, where he holds a spot on the Board of Overseers of its Business School. Mr. Frankfort also serves on the Board of Directors of Teach for America, a public-private partnership aimed at eliminating educational inequity in America, and Advanced Assessment Systems LLC (LinkIt!), a provider of online testing, data management, and intervention solutions serving the K-12 educational market.
Barron's recognized Mr. Frankfort from 2005-2008 as one of 30 "Most Respected CEO's" globally.
Business Week named Coach one of the Top Performers in the "Business Week Fifty" from 2005-2009.
Institutional Investor magazine voted Mr. Frankfort as the top CEO in his sector for years 2004 through 2009.