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Benzinga
Benzinga
Business
Shivani Kumaresan

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

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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