American Eagle Outfitters, Inc. announced a leadership transition effective August 3, 2026, appointing Ravi Thanawala as Executive Vice President and Chief Financial Officer. Thanawala succeeds Mike Mathias, who will transition to a full-time non-executive strategic advisor to Executive Chairman and Chief Executive Officer Jay Schottenstein. The company reaffirmed its second quarter and full-year fiscal 2026 financial guidance, previously announced on May 28, 2026.

Mathias, who served as CFO since 2020, will collaborate closely with Thanawala through the remainder of fiscal 2026 to ensure a seamless transition. He will continue supporting Schottenstein through July 30, 2027. Mathias joined American Eagle Outfitters in 1998 and returned to the company in 2017 after a period away.

Executive Background

Thanawala brings extensive retail experience to the role, most recently serving as Chief Financial Officer and President, North America of Papa John’s International, Inc. from November 2025. He previously held the position of Chief Financial Officer and Executive Vice President, International at Papa John’s starting September 2024, and served as Interim Chief Executive Officer from March 2024 to August 2024.

Prior to his tenure at Papa John’s, Thanawala spent three years at Nike, Inc. as Chief Financial Officer of Nike North America from June 2020 to July 2023. He also served as Global Vice President and Chief Financial Officer of the Converse brand from 2018 to 2020. His earlier career includes eight years at ANN INC., where he held various finance and operations leadership roles, including CFO of the ANN INC. business.

Leadership Transition Details

The transition aims to maintain organizational momentum and long-term strategic initiatives. Schottenstein highlighted Mathias's financial expertise and strategic foresight as instrumental in strengthening the business foundation. He expressed confidence in Thanawala's ability to drive operational excellence and long-term success for the company's portfolio of brands, which includes American Eagle and Aerie.

American Eagle Outfitters, Inc. operates stores in the United States, Canada, and Mexico, with merchandise available in more than 30 countries through license partners.

American Eagle Outfitters, Inc. has declared a quarterly cash dividend of $0.125 per share, providing income returns to its shareholders. The dividend is payable on July 24, 2026 to stockholders of record at the close of business on July 10, 2026.

Key Dividend Details

The declaration was made on June 9, 2026. The upcoming payment schedule allows investors to plan their cash flows accordingly, with the record date determining eligibility for the distribution.

Company Overview

American Eagle Outfitters, Inc. operates as a global specialty retailer with a portfolio of apparel brands including American Eagle, Aerie, OFFL/NE by Aerie, Todd Snyder, and Unsubscribed. The company conducts business in the United States, Canada, and Mexico, and extends its reach to over 30 countries through license partners and e-commerce channels.