Moving Up At Polo: Fagan And Paredes Given Bigger Roles.(Polo Ralph Lauren Corp. promotes Charles Fagan and Alfredo Paredes )

Byline: Marc Karimzadeh

Moving Up at Polo: Fagan and Paredes Given Bigger Roles

NEW YORK

Polo Ralph Lauren Corp. is bulking up its executive ranks.

With an eye to execute future growth strategies with consistency and that certain Ralph touch, the company has elevated the roles of two key executives. Polo has promoted Charles Fagan to executive vice president and chief of staff to Ralph Lauren, and Alfredo Paredes to executive vice president and chief retail creative officer of Polo Ralph Lauren Corp.

Fagan and Paredes are Polo veterans: The two men have each been with the company for 24 years and, in that time, worked closely with one another and directly with chairman and chief executive officer Ralph Lauren on multiple areas in the business. They remain among the handful of executives reporting directly to Lauren. Fagan previously also reported to Roger Farah, Polo's president and chief operating officer.

Internally, the newly created roles are not just seen as a reward for Fagan's and Paredes' …