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Ralph Lauren on Son David Lauren Taking Over as CEO

Ralph Lauren On Whether David Lauren Will Succeed Him as CEO


>> It's been
a good week for David Lauren — he celebrated his engagement to Lauren Bush last weekend on Anne Hearst and Jay McInerney's farm in the Hamptons, and his contribution to Ralph Lauren is touted in a new Fast Company profile.

So where is David headed next? Fast Company attests to "industrywide speculation" that he will eventually succeed 71-year-old Ralph as CEO. When asked if that is the case, David, who currently serves as EVP, replies: "My role has been growing every year. I'm very fortunate." He later adds: "But if I couldn't make a difference [at Ralph Lauren], I wouldn't be here. My father wouldn't want me to be here."

Ralph, too, is evasive about future company plans and David's role in them: "David is, and will be, a major person in the company. I can't say today where we're going, but David will be very important." Andrew Lauren, David's older brother who isn't involved in the company, meanwhile says of his father: "At some point he will say, 'I can't do this all the time,' and it's not out of the question that one of us would step in. But time will tell. David is succeeding where he is."

Source: Getty
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