Tapestry chairman Jide Zeitlin assumes CEO role

Tapestry, Inc. has announced that Jide Zeitlin, the company’s Chairman of the board, has been appointed Chief Executive Officer. Zeitlin succeeds Victor Luis, who is leaving the company and its board of directors. The company also announced that Susan Kropf, a current member of the Tapestry board, has been named Lead Independent Director. Tapestry added that Zeitlin will also continue in his role as Chairman.