Tapestry names Scott Roe to dual role of CFO and COO

Tapestry, the owner of Coach, Kate Spade, and Stuart Weitzman, has given Scott Roe, its current chief financial officer (CFO), additional responsibility as chief operating officer (COO) of the company. Tom Glaser, the current COO has announced his retirement from the role.

In this newly created dual post, Roe will continue to lead the finance organisation while expanding his scope to include oversight of operations across Tapestry’s multi-brand platform, including supply chain and information technology. As part of these changes, the company’s chief executive officer, Joanne Crevoiserat, will assume direct oversight of Tapestry’s strategy and consumer insights team, which formerly reported to Roe, the company said in a press release.

Crevoiserat said: “During his tenure, Glaser has played an important role in the execution of our acceleration programme and our ability to successfully navigate the effects of the pandemic. He leaves us with a solid foundation in place and a strong team of tenured leaders. We thank him for his many contributions and wish him all the best in his retirement.

"At this same time, I am delighted to announce the appointment of Roe, a seasoned industry executive with more than 30 years of retail finance and operations experience, to the dual role of chief financial officer and chief operating officer. Since Roe joined Tapestry in June 2021, he has been a great partner to me and has a unique and unparalleled understanding of multi-brand companies. I am very confident that Roe, together with our talented teams, will continue to optimise our robust operating platform as we move forward.” 

“It has been a privilege to be part of Tapestry over the last three years, and to partner with such an amazing group of people. I am proud of our significant progress, and I look forward to following the company’s success in the years ahead,” Glaser said.

“Tapestry is an exceptional company with iconic global brands and a disciplined focus on delivering results. I’m excited about my new, expanded role, and the opportunity to drive continued growth and profitability for the company,” Roe added.