Andrea Shaw Resnick to Become Chief
Communications Officer
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of
modern luxury accessories and lifestyle brands, today announced the
appointment of Scott A. Roe, as Chief Financial Officer, effective
June 1, 2021. Mr. Roe will have responsibility for all finance
functions as well as leading the Company’s Strategy and Consumer
Insights teams.
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Scott A. Roe (Photo: Business Wire)
Mr. Roe joins from VF Corporation (NYSE: VFC), where he has had
a successful 25-year career. He has served as Chief Financial
Officer since April 2015, and in this role has had responsibility
for Finance, Accounting, Investor Relations, Corporate Development,
Treasury, Tax, Financial Planning & Analysis, Sustainability,
Global Business Technology and Corporate Aviation. Prior to his
appointment as CFO in 2015, Mr. Roe served in a number of senior
management positions including Vice President, Controller and Chief
Accounting Officer, Vice President of Finance for VF’s Jeanswear
and Imagewear coalitions, and CFO of the International Business.
Prior to joining VF, Mr. Roe worked in the OEM Automotive and Basic
Materials industries after beginning his career at Ernst &
Young. Mr. Roe graduated with honors with a Bachelor of Science
degree in Accounting from the University of Tennessee.
“Scott is a highly strategic CFO with twenty five years of
experience in consumer, retail, and apparel businesses, and deep
expertise successfully developing global multi-brand platforms,”
said Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc.
“With a grounding in brand and operational finance roles, he
manages from a commercial mindset balanced with enterprise
thinking. As a leader, Scott is both dynamic and progressive, and
believes in soliciting diverse perspectives while working to build
and empower collaborative and high-performing teams. I am confident
that Scott is the right leader and strategic business partner as we
drive Tapestry’s next chapter of growth.”
“Tapestry is an exceptional company with iconic global brands
and a disciplined focus on delivering results. I look forward to
working with Joanne and the talented management team to further
enhance the Company's strategy, financial and operational
performance, while strengthening its competitive position in the
rapidly changing consumer environment,” said Mr. Roe.
With Mr. Roe’s appointment, Andrea Shaw Resnick, who has held
the position of Interim CFO since July 2020, will assume the newly
created role of Chief Communications Officer, reporting to Ms.
Crevoiserat. In addition, Christina Colone, currently Vice
President of Investor Relations, will be promoted to Global Head of
Investor Relations.
Ms. Crevoiserat added, "Andrea is a strategic leader who ensured
that we successfully navigated the pandemic and executed on our
Acceleration Program as Interim CFO. Our entire leadership team
appreciates her important and ongoing contributions to Tapestry. At
the same time, Christina is ideally suited to lead our investor
relations efforts, given her depth of experience and credibility
with the investment community."
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 the statements regarding the Acceleration Program,
future impacts of this program, the potential impact of the
Covid-19 pandemic and success of mitigating actions, and 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,"
“outlook,” "anticipate," “leveraging,” “sharpening,” transforming,”
“creating,” accelerating,” “enhancing,” leaning into,”
“innovation,” “drive,” “targeting,” “assume,” “plan,” “progress,”
“optimistic,” “future,” “uncertain backdrop,” “emerge,” “on track,”
“well positioned to,” “look forward to,” “looking ahead,” “to
acquire,” “achieve,” “strategic,” “steady recovery,” “growth,”
“view,” “stretching what’s possible,” 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 the impact of the Covid-19
pandemic, the ability to control costs and successfully execute our
growth strategies, expected economic trends, the ability to
anticipate consumer preferences, risks associated with operating in
international markets and our global sourcing activities, 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 pending and potential future
legal proceedings, and the impact of legislation, etc. Please refer
to the Company’s latest Annual Report on Form 10-K, quarterly
reports on 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/20210429005269/en/
Tapestry, Inc. Analysts & Media: Andrea Shaw Resnick Interim
Chief Financial Officer 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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