Joshua Schulman is the former CEO of Michael Kors and played a vital role in Capri Holdings, a global fashion brand. He earned his bachelor's degree from the University of Michigan and has a rich background in the fashion industry,...
Joshua Schulman is the former CEO of Michael Kors and played a vital role in Capri Holdings, a global fashion brand. He earned his bachelor's degree from the University of Michigan and has a rich background in the fashion industry, having previously led Coach, Jimmy Choo, and Bergdorf Goodman. During his short tenure from August 2021 to March 2022, Schulman was granted a significant equity award valued at approximately $15 million to attract him from his previous role. His compensation for 2022 was reported at around $14.3 million, even though performance metrics were not met for bonuses. After leaving Michael Kors, he received two years of severance pay, showcasing the high stakes in executive positions. Schulman's experience and strategic decisions are noteworthy in a competitive market where fashion brands need to constantly adapt and innovate. His leadership reflects the challenges and rewards that come with steering a major fashion brand through a rapidly changing business landscape.