Tommy John updates his C-suite.
Men’s and women’s innerwear and loungewear brand has named Michael Moore as the new CFO as it continues to grow its omnichannel model.
“It’s a really exciting time for Tommy John,” said Tom Patterson, founder and CEO of Tommy John. “We are well positioned as a leader in comfort with a growing customer base of fire fanatics. Mike’s extensive global retail background and experience in scaling a business will be an asset to us as we continue to focus on what we do best – reinvent comfort through fabric, fit and function. ”
Moore, who begins work at Tommy John on Sept. 7, has nearly 20 years of experience in the retail industry. His resume includes leadership roles with Polo Ralph Lauren and Michael Kors. Most recently, Moore served as senior vice president of retail finance and operations at the Michael Kors brand.
At Tommy John, Moore has been tasked with managing the brand’s finances, including accounting, finance, financial planning and analysis and tax.
“I’m excited to join such a talented team,” Moore said. For the past 13 years, Tommy John has built a strong foundation by focusing on product innovation and customer experience. I’m excited to serve as CFO at a time when Tommy John is ready to grow exponentially. ”
The addition of Moore comes just months after Tommy John knocked two Nike leaders – Beth Brown and Melissa Ohm – for its growing team.
But Tommy John’s growth history goes back to times before the pandemic.
Founded as a basic business for men in 2008 by Patterson and his wife Erin Fujimoto, the private company grew rapidly to include other categories, like women’s underwear and bras in 2018, followed by clothing and outerwear next year. Tommy John even attracted the attention of actor Kevin Hart as an investor in 2016.
Patterson and Fujimoto say the company has been profitable since its inception, adding that total company revenue – which includes e-commerce business, wholesale division (more than 1,300 locations) and five brick stores – increased nine times in the five years between 2014 and 2019.
Between 2019 and 2020, revenue grew 20 percent, while loungewear increased by 130 percent. In addition, the brand’s e-commerce business grew by 34 percent in 2020, year-over-year, driven by strength in the women’s division.