Tapestry seeks new chief financial officer
Tapestry, the owner of luxury brands Kate Spade and Coach, has confirmed that its chief financial officer Kevin Wills will be leaving the business.
Wills is expected to remain with Tapestry until February 2019. The company has begun a search for his successor.
Victor Luis, chief executive of Tapestry, said: “During his tenure as CFO, Kevin has played an important role as a key member of our leadership team and we wish him the best of luck as he embarks on his next chapter.
“I am confident that we will find a strong successor to lead our seasoned finance team and that they will not miss a beat during the transition period.”
Last month Tapestry reported a first quarter net income of $122 million compared to a net loss of $18 million in the same period in the previous financial year.
