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Benzinga

Business

Shivani Kumaresan

Michael Kors Parent's CEO Candidate Joshua Schulman To leave Company

Joshua Schulman Michael Kors Capri Holdings Capri Holdings Ltd CPRI NYSE

Capri Holdings Ltd (NYSE: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.

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