Urban Outfitters COO Calvin Hollinger resigns; Co-Presidents named, CFO role shifts
Urban Outfitters said COO Calvin Hollinger will resign effective November 1, 2020, and announced several promotions effective October 13, 2020, including Margaret A. Hayne and Francis J. Conforti as Co-Presidents. Conforti will also become Chief Operating Officer while remaining Chief Financial Officer until a replacement is appointed, so the company's finance leadership is in transition.
Key points
- Calvin Hollinger resigns as Chief Operating Officer effective November 1, 2020, and will be paid $638,508.
- Margaret A. Hayne and Francis J. Conforti are named Co-Presidents effective October 13, 2020; Conforti also becomes Chief Operating Officer.
- Conforti remains Chief Financial Officer until a replacement is appointed; the company has begun a search for his successor.
- Salaries rise to $900,000 for M. Hayne (from $635,000) and Conforti (from $773,000), and to $500,000 for Azeez Hayne (from $418,000).
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 13, 2020.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.