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

by Shivani Kumaresan, Benzinga Staff Writer

March 7, 2022 9:48 AM | 1 min read | Make a Comment

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.