Warren Buffett Discusses Passion for FOTL, Announces Melissa Burgess Taylor as New Chairman & CEO

This has been a difficult week for our Fruit of the Loom family with the passing of Rick Medlin. For many of us, Rick served not only as our leader, but a friend and confidant. As we continue to grieve and honor his legacy, we also have to do what Rick would want. We have a business to run and need to ensure the right leadership is in place to continue building upon that legacy.

On Dec. 1, Mr. Warren Buffett, Chairman and CEO of Berkshire Hathaway, visited the Fruit of the Loom leadership team to announce our new Chairman and CEO, Melissa Burgess Taylor.

Melissa is currently the Senior Vice President of Brand Management and Sales for Fruit of the Loom and Vanity Fair Brands. She has been with the company for 17 years focusing on the interests of Fruit of the Loom employees and customers while delivering meaningful results.

We captured the announcement in the video below so that our team worldwide can view:

Mr. Buffett shares: "Rick lived and breathed Fruit of the Loom, and he was an inspirational leader to everyone associated with the company. He will be greatly missed. His contributions were significant and his legacy will continue through the success of Fruit of the Loom and the success of each of you. I am excited to have Melissa take on this important role as CEO. Already an accomplished Fruit of the Loom leader, she is passionate, smart, and cares deeply about Fruit of the Loom customers and employees. She understands the importance of building a great brand, and she'll add tremendous value to Fruit of the Loom going forward."

Melissa has held various leadership roles within the organization. In her current role, she leads Marketing, Merchandising, Sales, Brand Communications and Creative Services for Fruit of the Loom, Vanity Fair, Lily of France, Vassarette and Curvation brands. Prior to joining Fruit of the Loom, Melissa held roles with Hanes Brands and Mercantile Department Stores. She received a Bachelor of Science degree in marketing with a minor in textiles and clothing from Western Kentucky University in Bowling Green, Ky., and currently resides in Bowling Green with her husband and two children.

Melissa shares: "I've been fortunate to be a member of the Fruit of the Loom family and this great company for many years. We have succeeded due to our people, our strong brands and the powerful relationships we have with our customers. I am grateful for Mr. Medlin's strong leadership and mentorship, and I am deeply committed to continuing to move us forward."

Please join us in welcoming Melissa as our new Chairman and CEO. We all look forward to continued success under her leadership.