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MarketScreener Homepage  >  Equities  >  Nyse  >  Tapestry Inc    TPR

TAPESTRY INC (TPR)
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TAPESTRY, INC. : Change in Directors or Principal Officers (form 8-K)

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07/16/2018 | 10:34pm CEST

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 10, 2018, Ian Bickley, President, Global Business Development and Strategic Alliances of Tapestry, Inc. (the "Company") notified the Company that he is resigning, effective December 31, 2018 (the "Separation Date"). In connection with his resignation, and subject to the timely execution of a release of claims, Mr. Bickley is expected to receive the severance compensation and benefits set forth in his employment offer letter dated January 26, 2015, as amended. In addition, his long-term term incentive awards then outstanding will receive the Company's customary retirement treatment in accordance with the terms of his award agreements due to Mr. Bickley's age and years of service on the Separation Date.

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© Edgar Online, source Glimpses

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Financials ($)
Sales 2019 6 141 M
EBIT 2019 1 094 M
Net income 2019 810 M
Finance 2019 14,0 M
Yield 2019 2,63%
P/E ratio 2019 18,55
P/E ratio 2020 16,43
EV / Sales 2019 2,41x
EV / Sales 2020 2,21x
Capitalization 14 797 M
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Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 57,2 $
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Victor Luís Chief Executive Officer & Director
Todd Kahn President, Secretary, CAO & General Counsel
Olajide James Zeitlin Chairman
Kevin G. Wills Chief Financial Officer
Michael Braine Chief Information Officer
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