Joanne Crevoiserat has been steering Tapestry, Inc. as its CEO since October 2020, following her role as CFO. She’s got a solid background in finance with a degree from the University of Connecticut, graduating summa cum laude. Before joining Tapestry,...

Current Market Cap

$10.64B

Number of Employees

20.6K

Total Compensation

2020 - 2022

Trending up by 335.53% last year
Showing total compensation for the last 2020 - 2022

Stock

Up by 0.00% last year

Salary

Up by 0.72% last year

Bonus

Up by 0.00% last year

Other

Down by -0.97% last year

Year

2022

Total Compensation

$6.11M

Salary

$1.35M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and stockholder value creation, while also considering market competitiveness and retention strategies.

Bonus

$0.00

Board Justification

No cash bonus was awarded in fiscal year 2023.

Other

$60.91K

Board Justification

Includes contributions to qualified and non-qualified defined contribution plans, life insurance premiums, and other compensation.

Restricted Stock

$4.69M(112.96K PRSUs)

Board Justification

Performance Restricted Stock Units (PRSUs) earned based on performance metrics for the fiscal years 2022-2023, with a payout of 113.4% of target shares, subject to an additional one year vesting requirement.

Performance Metrics

The performance metrics for fiscal year 2023 included Net Sales, Operating Income, Gross Margin, Return on Invested Capital, and Relative Total Shareholder Return.

SEC Filing

From September 22, 2023