This is Who Kate Spade Parent Tapestry Inc. Has Tapped as New CFO

Tapestry Inc., the parent company of Coach, Kate Spade and Stuart Weitzman, has announced a new chief financial officer and it is a former executive from VF Corp.

Scott A. Roe has been named as Tapestry’s new Chief Finacial Officer, a role he will begin on June 1st. Roe had previously worked at VF Corp. for 25 years.

According to a report last week, he had stepped down from his role as CFO at VF Corp. to pursue other opportunities. VF Corp. had said then that Roe, who worked closely with VF chief executive officer Steve Rendle, would stay on until the end of May to close out the company’s fiscal 2021.

In disclosing his departure last week, Rendle called Roe “a significant partner in helping to actively evolve our brand portfolio throughout his tenure.” He was succeeded at VF by Matt Puckett.

As Tapestry’s new head of finances, Roe will have responsibility for all finance functions as well as leading the company’s strategy and consumer insights team.

Joanne Crevoiserat, CEO of Tapestry, said, “Scott is a highly strategic CFO with 25 years of experience in consumer, retail and apparel businesses, and deep expertise successfully developing global multibrand platforms. With a grounding in brand and operational finance roles, he manages from a commercial mindset balanced with enterprise thinking.

“As a leader, Scott is both dynamic and progressive, and believes in soliciting diverse perspectives while working to build and empower collaborative and high-performing teams. I am confident that Scott is the right leader and strategy business partner as we drive Tapestry’s next chapter of growth,” she added.

Roe remarked, “Tapestry is an exceptional company with iconic global brands and a disciplined focus on delivering results. I look forward to working with Joanne and the talented management team to further enhance the company’s strategy, financial and operational performance, while strengthening its competitive position in the rapidly changing consumer environment.”

Andrea Shaw Resnick, who had held the post of interim CFO since July 2020, will assume the newly created role of chief communications officer at Tapestry.

“Andrea is a strategic leader who ensured that we successfully navigated the pandemic and executed on our Acceleration Program as interim CFO. Our entire leadership team appreciates her important and ongoing contributions to Tapestry.”

Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.