- Capri Holdings Ltd CPRI stated that Joshua Schulman, CEO of Michael Kors, will leave the company. The company did not disclose any reasons for the exit.
- The company said John D. Idol will remain as the company's Chairman and CEO.
- Joshua was appointed as Michael Kors' CEO in August 2021 and was to take over as Capri's CEO in 2022.
- Related Content: Joshua Schulman To Become Capri Holdings CEO Next Year
- Price Action: CPRI shares are trading lower by 7.32% at $50.42 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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