John P. Bilbrey Joins Tapestry, Inc. Board of Directors
14 Abril 2020 - 3:30PM
Business Wire
Brings Board Membership to Eight
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of
modern luxury accessories and lifestyle brands, today announced
that John P. (J.P.) Bilbrey has been appointed to Tapestry’s Board
of Directors. The appointment of Mr. Bilbrey to the Board brings
the membership to eight.
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John P. Bilbrey (Photo: Business
Wire)
Jide Zeitlin, Chairman and Chief Executive Officer of Tapestry,
Inc., said, “We are extremely pleased that John has agreed to join
our Board. He brings to our board deep consumer and operational
experience along with broad global experience, having spent
substantial time in Asia and the Middle East. John’s passion for
the application of data analytics to understanding the consumer and
influencing the supply chain will be invaluable assets to
Tapestry.”
“We endeavor to bring a diversity of skills and perspectives to
our Board discussions. We are delighted to have found a leader with
the breadth and depth of multi-brand experience in the consumer
space in J.P.,” said Susan Kropf, Lead Independent Director of the
Board of Tapestry, Inc. “I am certain he will bring important and
unique insights to our work as Tapestry proceeds with its long-term
strategic growth agenda amidst a rapidly evolving global retail
environment.”
John P. Bilbrey served as President and Chief Executive Officer
of The Hershey Company, a global confectionery leader and producer
of snack products in the U.S., from 2011 until his retirement in
March 2017. He also served as Chairman of Hershey from 2015 until
March 2017 and as Non-Executive Chairman from March 2017 to May
2018. Mr. Bilbrey joined the management team of Hershey as Senior
Vice President, President Hershey International in 2003, serving as
Senior Vice President, President Hershey North America from 2007 to
2010 and as Executive Vice President and Chief Operating Officer
from 2010 to 2011. He previously spent 22 years at The Procter
& Gamble Company.
Mr. Bilbrey serves on the Board of Directors of three public
companies: Campbell Soup Company, Elanco Animal Health and
Colgate-Palmolive.
Upon his appointment, Mr. Bilbrey said, “I am excited to be
joining the Board of Directors of Tapestry, an innovative company
with powerful brands. I look forward to supporting the company and
helping to inform its consumer centric strategies as it navigates
the current challenging environment and creates the foundation to
drive long-term sustainable growth.”
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,"
“confident,” “future,” "expect," "intend," "estimate," "continue,"
"project," "guidance," "forecast," “outlook,” “believe,”
"anticipate," “proactive,” “preemptive,” “excited about,” “moving,”
“leveraging,” “capitalizing,” “developing,” “drive,” “targeting,”
“assume,” “plan,” “proceed,” “build,” “pursue,” “maintain,” “on
track,” “well positioned to,” “commit,” “look forward to,” “to
acquire,” “achieve,” “strategic vision,” “growth opportunities” 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
transformation and operational efficiency initiatives and growth
strategies and our ability to achieve intended benefits, cost
savings and synergies from acquisitions, the risk of cybersecurity
threats and privacy or data security breaches, the impact of tax
legislation, the impact of the COVID-19 outbreak, etc. Please refer
to the Company’s latest Annual Report on Form 10-K, Quarterly
Report on Form 10-Q and its other filings with the Securities and
Exchange Commission for a complete list of risks and important
factors. The Company assumes no obligation to revise or update any
such forward-looking statements for any reason, except as required
by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20200414005962/en/
Tapestry, Inc. Analysts & Media: Andrea Shaw Resnick Global
Head of Investor Relations and Corporate Communications
212/629-2618 Aresnick@tapestry.com Christina Colone Vice President,
Investor Relations 212/946-7252 ccolone@tapestry.com
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