Capri Holdings announces Marilyn Crouther to its Board of Directors

– USA, NY –  Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, today announced the appointment of Marilyn Crouther to its Board of Directors effective June 1st.

“We are excited to welcome Marilyn to our Board,” said Chairman and CEO, John Idol. “Marilyn is an outstanding leader with a deep understanding of technology, finance, and international business. She will bring a unique perspective to our Board as well as further diversify the breadth of our directors’ skills and experiences.”

Ms. Crouther will join the Audit Committee as well as the Compensation and Talent Committee.

The company also announced that Lead Director William Benedetto intends to retire at the AGM to be held on July 28, 2021. Concurrently,  Robin Freestone will be appointed Lead Director.

“On behalf of the entire Board of Directors, we wish to express our sincere gratitude to Bill for his many years of outstanding service. We are deeply grateful for the wisdom, guidance, and long-standing commitment he has demonstrated to our Company and its shareholders for the last 10 years.” said Mr. Idol.

About Marilyn Crouther

Marilyn Crouther has more than 30 years’ experience delivering transformational technology and IT modernization services as well as a strong background in finance and accounting. She is currently the CEO and Principal of Crouther Consulting, LLC, a firm that provides consulting services to IT companies. Most recently, Ms. Crouther was SVP, general manager at DXC Technology Company. Before that, she was SVP and general manager for Hewlett Packard Enterprise, having joined Hewlett Packard in 1989. While at Hewlett Packard, Ms. Crouther served in various senior management positions, including VP of finance for the U.S. public sector business and industry controller for its government group.

Currently, Ms. Crouther also serves as a director of ICF, a NASDAQ-listed global consulting and digital services provider, and serves on the board of directors for the Center for Innovative Technology as well as the Information Technology Senior Management Forum. Previously, she was a board member and a vice-chair for the Northern Virginia Technology Council.

“It is an honor to join the Board of Directors of Capri Holdings and to support the growth strategy for the group and its iconic brands,” said Ms. Crouther. “I look forward to sharing my expertise and helping Capri drive value for its shareholders.”

About Capri Holdings Limited

Capri Holdings Limited is a global fashion luxury group, consisting of iconic brands that are industry leaders in design, style and craftsmanship. Its brands cover the full spectrum of fashion luxury categories including women’s and men’s accessories, footwear and ready-to-wear as well as wearable technology, watches, jewelry, eyewear and a full line of fragrance products. The Company’s goal is to continue to extend the global reach of its brands while ensuring that they maintain their independence and exclusive DNA. Capri Holdings Limited is publicly listed on the New York Stock Exchange under the ticker CPRI.

For more information : http://www.capriholdings.com/

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