Tapestry Management

Management criteria checks 3/4

Tapestry's CEO is Joanne Crevoiserat, appointed in Jul 2020, has a tenure of 4.33 years. total yearly compensation is $15.43M, comprised of 9% salary and 91% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €19.10M. The average tenure of the management team and the board of directors is 3.4 years and 4 years respectively.

Key information

Joanne Crevoiserat

Chief executive officer

US$15.4m

Total compensation

CEO salary percentage	9.0%
CEO tenure	4.3yrs
CEO ownership	0.1%
Management average tenure	3.4yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joanne Crevoiserat's remuneration changed compared to Tapestry's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	US$808m
Jun 29 2024	US$15m	US$1m	US$816m
Mar 30 2024	n/a	n/a	US$881m
Dec 30 2023	n/a	n/a	US$928m
Sep 30 2023	n/a	n/a	US$936m
Jul 01 2023	US$14m	US$1m	US$936m
Apr 01 2023	n/a	n/a	US$901m
Dec 31 2022	n/a	n/a	US$837m
Oct 01 2022	n/a	n/a	US$825m
Jul 02 2022	US$14m	US$1m	US$856m
Apr 02 2022	n/a	n/a	US$867m
Jan 01 2022	n/a	n/a	US$836m
Oct 02 2021	n/a	n/a	US$829m
Jul 03 2021	US$13m	US$1m	US$834m
Mar 27 2021	n/a	n/a	US$341m
Dec 26 2020	n/a	n/a	-US$428m
Sep 26 2020	n/a	n/a	-US$440m
Jun 27 2020	US$5m	US$786k	-US$652m

Compensation vs Market: Joanne's total compensation ($USD15.43M) is above average for companies of similar size in the German market ($USD4.85M).

Compensation vs Earnings: Joanne's compensation has been consistent with company performance over the past year.

CEO

Joanne Crevoiserat (60 yo)

4.3yrs

Tenure

US$15,430,213

Compensation

Ms. Joanne C. Crevoiserat serves as Independent Director at General Motors Company from August 15, 2022. She has been Chief Executive Officer of Tapestry, Inc. since October 27, 2020 and its Director since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joanne Crevoiserat	President	4.3yrs	US$15.43m	0.14% € 19.1m
Scott Roe	CFO & COO	3.4yrs	US$6.51m	0.014% € 1.9m
David Howard	General Counsel & Secretary	4.4yrs	US$2.72m	0.020% € 2.7m
Todd Kahn	CEO & Brand President of Coach	3.6yrs	US$6.02m	0.075% € 10.1m
Manesh Dadlani	VP, Principal Accounting Officer & Controller	4.4yrs	no data	0.015% € 2.0m
Yang Lu	Chief Information Officer	less than a year	no data	no data
Christina Colone	Global Head of Investor Relations	3.4yrs	no data	no data
Andrea Resnick	Chief Communications Officer	no data	US$2.89m	no data
Denise Kulikowsky	Chief People Officer	1.1yrs	no data	0.00080% € 107.6k
Peter Charles	Chief Supply Chain Officer	no data	no data	no data
Yann Bozec	President of Tapestry Asia Pacific and President & CEO of Coach Asia Pacific	no data	no data	no data
David Casey	Chief Inclusion & Social Impact Officer	2.5yrs	no data	no data

3.4yrs

Average Tenure

59yo

Average Age

Experienced Management: COY's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Joanne Crevoiserat	President	4yrs	US$15.43m	0.14% € 19.1m
William Nuti	Director Emeritus	6yrs	US$54.54k	no data
John Paul Bilbrey	Independent Director	4.6yrs	US$282.38k	0.019% € 2.6m
Darrell Cavens	Independent Outside Director	6.3yrs	US$279.99k	0.010% € 1.4m
Thomas Greco	Independent Director	3.9yrs	US$304.99k	0.0068% € 912.0k
David Elkins	Independent Outside Director	less than a year	US$178.78k	no data
Anne Gates	Independent Chairman	6.9yrs	US$506.99k	0.0074% € 991.4k
Pamela Lifford	Independent Director	3.9yrs	US$269.99k	0.0043% € 585.1k
Yu Long	Independent Director	8.8yrs	US$270.00k	no data
Johanna Faber	Independent Director	3.3yrs	US$269.99k	0.0036% € 482.9k
Kevin Hourican	Independent Outside Director	less than a year	US$178.78k	no data
Ka Ming Lau	Independent Director	1.6yrs	US$267.42k	0.0020% € 267.7k

4.0yrs

Average Tenure

58yo

Average Age

Experienced Board: COY's board of directors are considered experienced (4 years average tenure).

Tapestry Management

Management criteria checks 3/4

Key information

Recent management updates

Tapestry, Inc. Approves Appointment of Alan Lau and Annabelle Yu Long as Directors

Tapestry, Inc., Annual General Meeting, Nov 14, 2024

Tapestry, Inc. Appoints Eva Erdmann as CEO & Brand President of Kate Spade

Tapestry, Inc. Announces Board and Committee Appointments

Tapestry, Inc., Annual General Meeting, Nov 02, 2023

Tapestry, Inc. Announces Demise of Sir Ivan Menezes, Board Member

Recent updates

Tapestry, Inc. Approves Appointment of Alan Lau and Annabelle Yu Long as Directors

Investor sentiment improves as stock rises 15%

Tapestry, Inc. (NYSE:TPR) announces an Equity Buyback for $2,000 million worth of its shares.

First quarter dividend of US$0.35 announced

Tapestry, Inc Declares Quarterly Cash Dividend, Payable on December 23, 2024

First quarter 2025 earnings released: EPS: US$0.81 (vs US$0.85 in 1Q 2024)

Tapestry, Inc. to Report Q2, 2025 Results on Feb 06, 2025

Investor sentiment improves as stock rises 16%

Tapestry, Inc. to Report Q1, 2025 Results on Nov 07, 2024

Tapestry, Inc., Annual General Meeting, Nov 14, 2024

Upcoming dividend of US$0.35 per share

Fourth quarter dividend of US$0.35 announced

Full year 2024 earnings released: EPS: US$3.56 (vs US$3.96 in FY 2023)

Tapestry, Inc. Declares Quarterly Cash Dividend, Payable on September 23, 2024

Tapestry, Inc. Appoints Eva Erdmann as CEO & Brand President of Kate Spade

Tapestry, Inc.(NYSE:TPR) dropped from Russell 2500 Growth Index

Upcoming dividend of US$0.35 per share

Third quarter dividend of US$0.35 announced

Tapestry, Inc. to Report Fiscal Year 2024 Results on Aug 15, 2024

Tapestry, Inc. Provides Earnings Guidance for the Fiscal 2024

Third quarter 2024 earnings released: EPS: US$0.61 (vs US$0.80 in 3Q 2023)

Tapestry, Inc. Announces Board and Committee Appointments

Upcoming dividend of US$0.35 per share

Second quarter dividend of US$0.35 announced

Tapestry, Inc. to Report Q3, 2024 Results on May 09, 2024

Second quarter 2024 earnings released: EPS: US$1.41 (vs US$1.38 in 2Q 2023)

Tapestry, Inc. Declares Quarterly Cash Dividend, Payable on March 25, 2024; Provides Dividend Guidance for the Year 2024

Tapestry, Inc. to Report Q2, 2024 Results on Feb 08, 2024

Upcoming dividend of US$0.35 per share at 4.4% yield

Tapestry, Inc. Declares Quarterly Cash Dividend, Payable on December 26, 2023

First quarter 2024 earnings released: EPS: US$0.85 (vs US$0.81 in 1Q 2023)

Tapestry, Inc., Annual General Meeting, Nov 02, 2023

Upcoming dividend of US$0.35 per share at 4.2% yield

Tapestry, Inc. to Report Q1, 2024 Results on Nov 09, 2023

Full year 2023 earnings released: EPS: US$3.96 (vs US$3.24 in FY 2022)

Tapestry, Inc. (NYSE:TPR) entered into a definitive agreement to acquire Capri Holdings Limited (NYSE:CPRI) for $6.9 billion.

Tapestry, Inc. (NYSE:TPR) entered into a definitive agreement to acquire Capri Holdings Limited (NYSE:CPRI) for $6.9 billion.

Investor sentiment deteriorates as stock falls 18%

Tapestry, Inc. to Report Fiscal Year 2023 Results on Aug 17, 2023

Tapestry, Inc. Announces Demise of Sir Ivan Menezes, Board Member

Upcoming dividend of US$0.30 per share at 3.0% yield

Tapestry, Inc. Appoints Alan Lau as a Director

Tapestry, Inc. Provides Financial Guidance for Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$0.80 (vs US$0.47 in 3Q 2022)

Upcoming dividend of US$0.30 per share at 2.8% yield

Second quarter 2023 earnings released: EPS: US$1.38 (vs US$1.17 in 2Q 2022)

Tapestry, Inc. to Report Q3, 2023 Results on May 11, 2023

Tapestry, Inc. to Report Q2, 2023 Results on Feb 09, 2023

Upcoming dividend of US$0.30 per share

Tapestry, Inc. Declares Quarterly Cash Dividend, Payable on December 27, 2022

First quarter 2023 earnings released: EPS: US$0.81 (vs US$0.82 in 1Q 2022)

High number of new directors

First quarter 2023 earnings released: EPS: US$0.81 (vs US$0.82 in 1Q 2022)

Tapestry, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Tapestry, Inc., Annual General Meeting, Nov 15, 2022

Insider recently sold €73k worth of stock

Upcoming dividend of US$0.30 per share

Insider recently sold €185k worth of stock

Full year 2022 earnings released: EPS: US$3.24 (vs US$3.00 in FY 2021)

Tapestry, Inc. Approves Quarterly Cash Dividend, Payable on September 26, 2022

Tapestry, Inc Announces Executive Changes

Tapestry, Inc. to Report Q4, 2022 Results on Aug 18, 2022

Upcoming dividend of US$0.25 per share

Third quarter 2022 earnings released: EPS: US$0.47 (vs US$0.33 in 3Q 2021)

High number of new directors

Investor sentiment deteriorated over the past week

Global Human Resources Officer recently sold €1.3m worth of stock

Upcoming dividend of US$0.25 per share

Tapestry, Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2022