Scott Roe - Chief Operating Officer and CFO
Professional Overview
Scott Roe is a seasoned finance and operations executive with over 20 years of experience driving strategic leadership and business transformation across the retail and consumer goods industries. As the Chief Operating Officer and Chief Financial Officer at Tapestry, he oversees the company's global financial operations, strategic planning, and cross-functional initiatives to drive operational excellence and position the organization for continued growth.
Experience Summary
Current Role
As COO and CFO of Tapestry, the parent company of luxury brands Coach, Kate Spade, and Stuart Weitzman, Scott is responsible for overseeing the company's financial strategy, reporting, and capital allocation. He also leads Tapestry's enterprise-wide transformation efforts, spearheading process improvements, automation, and technological innovations to enhance operational efficiency and profitability. Under his leadership, Tapestry has achieved significant cost savings, improved liquidity, and strengthened its competitive position in the global luxury market.
Career Progression
Prior to joining Tapestry, Scott served as the Executive Vice President and Chief Financial Officer at VF Corporation, a renowned multinational apparel and footwear company. In this role, he was instrumental in driving the company's strategic initiatives, including the successful divestiture of the Jeanswear business and the acquisition of multiple iconic brands. As the Vice President, Controller, and Principal Accounting Officer at VF Corporation, he also played a key role in enhancing the company's financial reporting and internal control systems.
Academic Background
Scott holds a Bachelor of Science degree in Accounting from the University of Connecticut. He is a Certified Public Accountant (CPA) and has completed executive education programs at prestigious institutions such as the Wharton School of the University of Pennsylvania.
Areas of Expertise
- Financial management and strategic planning
- Operational optimization and business transformation
- Mergers, acquisitions, and divestitures
- Enterprise-wide risk management
- Technology enablement and process automation
- Talent development and leadership
Professional Impact
Under Scott's guidance, Tapestry has achieved significant milestones, including:
- Delivering cost savings of over $300 million through operational efficiencies and process improvements
- Improving the company's liquidity position and strengthening its balance sheet
- Overseeing the successful integration of the Kate Spade brand and driving synergies across the portfolio
- Championing the adoption of data-driven decision-making and digital technologies to enhance the customer experience
Conclusion
With his extensive experience in finance, operations, and strategic leadership, Scott Roe is a valuable asset to Tapestry, driving the company's transformation and positioning it for long-term success in the dynamic luxury retail landscape.