Abercrombie & Fitch Co. announced the promotion of Jonathan E. Ramsden, currently the company's executive vice president and chief financial officer, to the position of chief operating officer, a new role at the company. Mr. Ramsden will continue to serve as chief financial officer, in addition to his COO role, until a new CFO is appointed.

Mr. Ramsden's promotion is effective immediately. Mr. Ramsden, 49, has been with Abercrombie & Fitch since December 2008. He previously served as Chief Financial Officer of TBWA Worldwide.

Mr. Ramsden will work closely with Chief Executive Officer Michael S. Jeffries, as well as the new brand presidents, who will report to Mr. Jeffries and oversee the Abercrombie & Fitch and abercrombie kids brands, and the Hollister brand, respectively.