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Coach received $707 million prior to transaction fees. Jide J. Zeitlin, Chairman of the Board, was appointed Chief Executive Officer of Tapestry in September 2019. Prior to his resignation in 2020, Zeitlin was responsible for the execution of the company’s strategic agenda and monetary efficiency. Mr. Zeitlin was elected to Tapestry’s Board of Directors in June 2006 and had served as the board chairman because November 2014.

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