– USA, NY – Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, today announced the appointment of Mahesh Madhavan to its Board of Directors effective March 30, 2023.
“Mahesh’s tremendous global experience leading and growing a consumer goods company with an extensive portfolio of brands and labels will bring a fresh perspective to our Board. The Board and I believe that his operating expertise and deep understanding of international markets will be instrumental as we continue to focus on driving growth and delivering value for our shareholders. We look forward to his contributions and are delighted to have him join our Board,” said Chairman and CEO, John Idol.
Mr. Madhavan will also join the Compensation and Talent Committee as well as the Governance, Nominating, and Corporate Social Responsibility Committee.
About Mahesh Madhavan
Mahesh Madhavan is CEO of Bacardi Limited, the largest privately held international spirits company in the world, having worked at Bacardi for more than 25 years. Before becoming CEO of Bacardi in 2017, Mr. Madhavan held several leadership roles in different geographies, including Regional President – Europe, Regional President – Africa, Middle East, South & Southeast Asia, Managing Director – India, South & Southeast Asia and Managing Director – Thailand and the Philippines.
“It is an incredible privilege to join Capri Holdings Board of Directors,” said Mahesh Madhavan. “Capri Holdings is comprised of three iconic brands, and I am proud to be a part of the group’s continued success. I look forward to working with the Board to help Capri continue to execute their growth strategy globally.”
About Capri Holdings Limited
Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo, and Michael Kors. Our commitment to glamorous style and craftsmanship is at the heart of each of our luxury brands. We have built our reputation on designing exceptional, innovative products that cover the full spectrum of fashion luxury categories. Our strength lies in the unique DNA and heritage of each of our brands, the diversity and passion of our people, and our dedication to the clients and communities we serve. Capri Holdings is publicly listed on the New York Stock Exchange under the ticker CPRI.
Source: https://www.capriholdings.com/
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