Coach CEO Departs; Tapestry CEO To Run Brand

Jide Zeitlin, Tapestry

Tapestry, parent company of brands Kate Spade, Stuart Weitzman and Coach, has announced that Coach CEO and Brand President Joshua Schulman will leave the organization after a transition period. Jide Zeitlin, who was named CEO of Tapestry in September 2019, will oversee Coach’s strategy and operations until a permanent successor is found. Zeitlin also has committed to leading the entire company for the next three years as Tapestry defines and implements its multi-year growth agenda.

“Since becoming CEO, I have had the opportunity to immerse myself in the Company, including leading an in-depth review of the brands and businesses,” said Zeitlin in a statement. “The review revealed attractive growth opportunities for Coach, Kate Spade and Stuart Weitzman, which we will unlock by further leveraging each brand’s differentiated positioning and strong consumer connections, powered by a modern, agile Tapestry platform.”

Schulman’s departure is just the latest high-level change at Tapestry: last month, the company announced there would be new leaders for the company’s key brands. Liza Fraser was named CEO and Brand President of Kate Spade; Giorgio Sarné was promoted to CEO and Brand President of Stuart Weitzman; and Yann Bozec was promoted to President of Tapestry Asia Pacific, in addition to his role as CEO and Brand President of Coach China.


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