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Tapestry makes two new appointments to its board

Tapestry, the owner of luxury brand Coach, has appointed Doreen Toben and Anne Gates to its board of directors.

FASHION

Tapestry makes two new appointments to its board

Tapestry, the owner of luxury brand Coach, has appointed Doreen Toben and Anne Gates to its board of directors.

Toben served as executive vice president of Verizon Communications from 2002 until her retirement from the company in 2009. Prior to that, she was senior vice president and chief financial officer with responsibility for finance and strategic planning for Verizon’s Telecom Group. Toben also served on the board of directors of Kate Spade from 2009 until the company was acquired by Tapestry in 2017.

Meanwhile, Gates was president of MGA Entertainment from 2014 until her retirement in 2017. From 1991 to 2012, she worked with The Walt Disney Company where her roles included executive vice president, chief financial officer for Disney Consumer Products, managing director for Disney Consumer Products Europe and Emerging Markets, and senior vice president of operations, planning and analysis for The Walt Disney Company.

Victor Luis, chief executive of Tapestry, said: “We are extremely pleased that Doreen Toben and Anne Gates have agreed to join our board. As Tapestry continues to evolve as a house of brands, we are confident that their respective business experience, strategic insight and leadership skills will prove particularly valuable to us.”

New York based Tapestry’s other brands include Stuart Weitzman.

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