Tapestry Inc.
Tapestry Appoints Matt Madrigal to Board of Directors
Summary
Tapestry, Inc. announced on April 6, 2026, the appointment of Matt Madrigal, Chief Technology Officer of Pinterest, Inc., to its Board of Directors, effective immediately. The appointment increases the Board size to eleven members, including ten independent directors. Mr. Madrigal will receive an annual cash retainer of $100,000 and an annual equity grant with a grant date fair market value of $200,000, in addition to an initial equity award of $200,000 on the date of his appointment. The company expects Mr. Madrigal's expertise in technology and customer experience to support its growth strategy.
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About Tapestry Inc.
Tapestry Inc., a prominent holding company in the fashion industry, manages luxury brands known for their upscale accessories, footwear, and apparel. Its portfolio includes celebrated names such as Coach, Kate Spade, and Stuart Weitzman, each with their unique style and market appeal. Tapestry's primary function is to oversee the growth and strategic direction of these brands, facilitating their global reach and market penetration. By focusing on design innovation and customer engagement, Tapestry maintains its influence in the luxury goods sector, appealing to a wide demographic interested in fashion-forward and high-quality products. The company places a strong emphasis on brand differentiation and enhancing customer experiences across digital and physical retail platforms. With its headquarters in New York City, Tapestry Inc. is a significant player in the retail industry, showcasing the value and trends of luxury consumer goods while striving for sustainability and social responsibility as part of its corporate ethos.
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