Tapestry, Inc. Appoints Tom Glaser as Chief Operations Officer
29 Mayo 2019 - 5:45AM
Business Wire
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of
modern luxury accessories and lifestyle brands, today announced the
appointment of Thomas A. Glaser, as Chief Operations Officer,
effective July 15, 2019. Mr. Glaser will have responsibility across
the end-to-end supply chain and the information technology backbone
for Tapestry and its brands with functional oversight including
product development and manufacturing resources, distribution,
logistics, replenishment, ecommerce fulfillment and IT. He will
report directly to the company’s Chief Executive Officer, Victor
Luis.
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Thomas A. Glaser (Photo: Business
Wire)
Mr. Glaser joins Tapestry from VF Corporation, where he most
recently held the position of Vice President, VF Corporation
& President, Supply Chain, responsible for the oversight of all
of the company’s global manufacturing, sourcing and operations. Mr.
Glaser joined VF in 2001 as Managing Director, VF Asia Ltd Sourcing
in Hong Kong, where he played a key role in further diversifying
and expanding VF's global sourcing network in support of the
company's growing portfolio of brands. In 2006, Mr. Glaser was
named President, Supply Chain, Europe/Asia. In 2010, he was
promoted to Vice President, Global Operations, a role that he held
until being appointed to his most recent position as President,
Supply Chain, in January 2012.
Prior to joining VF, Mr. Glaser served as Vice President of
Sourcing and Operations for various brands of Phillips-Van Heusen
(PVH). He began his career at PVH, where he held sales and sourcing
management positions within the company's North America and Asia
divisions.
Mr. Glaser holds a bachelor’s degree in government and economics
from Franklin & Marshall College.
“Tom’s leadership and outstanding operational track record at
global multi-brand fashion companies make him an excellent addition
to the Tapestry leadership team,” said Victor Luis, Chief Executive
Officer of Tapestry, Inc. “He is very well regarded for his
strategic focus, team leadership, strong analytical and technical
skills and exceptional business acumen. His experience in managing
and transforming complex supply chains to deal with the endless
innovation required by successful consumer franchises make him
uniquely qualified to build upon the foundation that we’ve already
created at Tapestry and I am looking forward to partnering closely
with him in support of all our brands. Tom’s operational
stewardship will be invaluable as we execute our long- term
strategic plan.”
“Tapestry is an exceptional company with brands I’ve long
admired, a history of authenticity and craftsmanship and a culture
based on values that truly resonate with me. I look forward to
contributing to its continued operational excellence and partnering
with the entire team,” said Mr. Glaser.
Tapestry, Inc. is a New York-based house of modern luxury
lifestyle brands. The Company’s portfolio includes Coach, Kate
Spade and Stuart Weitzman. Our Company and our brands are founded
upon a creative and consumer-led view of luxury that stands for
inclusivity and approachability. Each of our brands are unique and
independent, while sharing a commitment to innovation and
authenticity defined by distinctive products and differentiated
customer experiences across channels and geographies. To learn more
about Tapestry, please visit www.tapestry.com. The Company’s common
stock is traded on the New York Stock Exchange under the symbol
TPR.
This information to be made available in this press release may
contain forward-looking statements based on management's current
expectations. Forward-looking statements include, but are not
limited to, statements that can be identified by the use of
forward-looking terminology such as "may," "will," “can,” "should,"
"expect," "intend," "estimate," "continue," "project," "guidance,"
"forecast," "anticipated," “moving,” “leveraging,” “targeting,”
“assume,” “plan,” “pursue,” “look forward to,” “on track to
return,” “to achieve” or comparable terms. Future results may
differ materially from management's current expectations, based
upon a number of important factors, including risks and
uncertainties such as expected economic trends, the ability to
anticipate consumer preferences, the ability to control costs and
successfully execute our ERP implementation and growth strategies,
our ability to achieve intended benefits, cost savings and
synergies from acquisitions, the risk of cybersecurity threats and
privacy or data security breaches and the impact of tax
legislation, etc. Please refer to the Company’s latest Annual
Report on Form 10-K and its other filings with the Securities
and Exchange Commission for a complete list of risks and
important factors.
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version on businesswire.com: https://www.businesswire.com/news/home/20190529005198/en/
Tapestry, Inc.Analysts & Media:Andrea Shaw ResnickInterim
Chief Financial OfficerGlobal Head of Investor Relations and
Corporate Communications212/629-2618Christina ColoneVice President,
Investor Relations212/946-7252
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