The parent company of the Kate Spade, Stuart Weitzman and Coach fashion brands said Tuesday that its chairman and Chief Executive Jide Zeitlin has resigned from the company and board for personal reasons, effective immediately. Zeitlin, who had been chairman since November 2014 of Tapestry Inc. took over as CEO in September 2019 after the New York-based company ousted its then-CEO Victor Luis. Joanne Crevoiserat, chief financial officer, has been appointed interim CEO of Tapestry while the company searches for a successor. Todd Kahn, president and chief administrative officer and company secretary, will serve as interim chief executive officer and brand president of Coach. Andrea Shaw Resnick, global head of investor relations and corporate communications, has been named interim chief financial officer.

Source: The Standard July 21, 2020 12:33 UTC