Business Context and Reporting Period
This Form 8-K is a current report filed by Tapestry, Inc. on February 14, 2020, regarding events occurring on February 12, 2020. The company is incorporated in Maryland and its common stock trades on the New York Stock Exchange under the symbol TPR.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
- Board Resignation: Andrea Guerra, a member of the Board of Directors, resigned effective February 12, 2020.
- Board Size Reduction: Following the resignation, the Board voted to reduce its total size to seven members.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document is limited to the disclosure of the director's departure.
Key Facts for Investors to Verify
- Confirmation of the new Board composition and any interim appointments.
- Reasons for Andrea Guerra's resignation, if disclosed in other communications.
- Impact of the reduced Board size on committee structures and governance.