Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Susan Kropf, a member and the Chair of the Board of Directors (the 'Board') of Tapestry, Inc. (the 'Company') advised the Board and the Company on September 13, 2021 that, after over 15 years of service on the Board and reaching the age of 72, she would be retiring and thus would not stand for re-election to the Board at the Company's annual meeting of stockholders for fiscal year 2021 (the 'Annual Meeting') on November 3, 2021. Ms. Kropf will continue to serve as a member and Chair of the Board until the Annual Meeting. In line with the Board's succession planning, Anne Gates is expected to succeed Ms. Kropf as independent Chair of the Board, upon formal action of the Board following the Annual Meeting. Ms. Gates has served as a member of the Board since 2017 and is currently the Chair of the Audit Committee and a member of the Governance and Nominations Committee.
This Current Report on Form 8-K contains forward-looking statements based on management's current expectations. Forward-looking statements include, but are not limited to, statements that can be identified by the use of forward-looking terminology such as 'may,' 'will,' 'can,' 'should,' 'confident,' 'future,' 'expect,' 'intend,' 'estimate,' 'continue,' 'project,' 'guidance,' 'forecast,' 'outlook,' 'believe,' 'anticipate,' or comparable terms. Future results may differ materially from management's current expectations, based upon a number of important factors, including risks and uncertainties identified in the Company's latest Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission. The Company assumes no obligation to revise or update any such forward-looking statements for any reason, except as required by law.