What's Happening?
Jonathan Frankel, president of Aldo Product Services, has been appointed as the board chair of the Two Ten Footwear Foundation, succeeding Joe Preston of New Balance. Frankel, who has been involved with
the foundation since 2017, aims to expand the foundation's reach and support for the footwear community. The Two Ten Footwear Foundation provides financial assistance, scholarships, and professional development to the nation's 330,000 footwear employees. Under Preston's leadership, the foundation delivered significant relief efforts and expanded professional development programs. Frankel's appointment, along with Ed Rosenfeld as vice chair, marks a new era of leadership for the foundation.
Why It's Important?
The leadership transition at the Two Ten Footwear Foundation is significant for the footwear industry, as it continues to support employees through financial assistance and professional development. Frankel's experience and commitment to the foundation's mission are expected to enhance its impact, particularly in times of crisis. The foundation's efforts to provide disaster relief and support for professional growth are crucial for the industry's resilience and sustainability. As the foundation expands its reach, it will play a vital role in strengthening the footwear community and ensuring that employees have access to necessary resources and opportunities.
What's Next?
With Frankel at the helm, the Two Ten Footwear Foundation is likely to focus on expanding its programs and resources for footwear employees. This may include increasing financial assistance, enhancing professional development opportunities, and strengthening community programs. The foundation's new leadership is also expected to continue its tradition of recognizing outgoing board chairs with scholarships, further supporting the education and development of industry professionals. As the foundation evolves, it will likely seek to build partnerships and collaborations to maximize its impact and reach within the footwear community.
