Capri names Tyler Reddien as new CFO (updated)

Capri Holdings

24/02/2026 21:45

Repeats to add Update 1 tag to headline, no changes to text

Feb 24 (Reuters) - Michael Kors parent Capri Holdings CPRI.N on Tuesday named Tyler Reddien as its new CFO and chief operating officer, effective March 30.

 Shares of the company were up about 2% after the bell.

Rajal Mehta served as the interim CFO after Thomas Edwards left the U.S. luxury holding company last year to assume similar roles at department store chain Macy's.

Reddien most recently served as CFO of The Body Shop and previously held senior finance and operations roles at Natura & Co, Hertz and United Airlines.

The move comes after the company reported a decline in sales for its key Michael Kors brand as it warns of an unmitigated tariff impact.

 (Reporting by Sanskriti Shekhar in Bengaluru; Editing by Alan Barona and Maju Samuel)

 ((Sanskriti.Shekhar@thomsonreuters.com))