Tapestry Adds Pinterest CTO Matt Madrigal to Board
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Tapestry ( (TPR) ) has shared an update.
On April 6, 2026, Tapestry, Inc. expanded its Board of Directors from ten to eleven members and appointed Matt Madrigal, Chief Technology Officer of Pinterest, as a director, effective the same day. With his addition, the Board now comprises eleven members, ten of whom are independent, and Madrigal will receive standard non-employee director compensation, including cash and restricted stock units that vest after one year of service.
Tapestry’s leadership highlighted that Madrigal’s deep expertise in technology, e-commerce and global consumer platforms, particularly around how younger consumers like Gen Z discover and shop online, is expected to support the company’s Amplify growth agenda and digital-engagement ambitions. The appointment underscores Tapestry’s push to integrate advanced technology and AI-driven insights into its brand strategy to strengthen emotional connections with consumers and drive long-term shareholder value.
Madrigal, who oversees engineering, product, design and platform at Pinterest and previously led major commerce and marketing technology teams at Google, Fanatics, Williams-Sonoma and eBay, brings extensive experience in scaling digital platforms. His board role is intended to bolster Tapestry’s efforts to innovate in consumer engagement and maintain its competitive position as digital discovery and shopping behaviors continue to reshape the accessories and lifestyle sector.
The most recent analyst rating on (TPR) stock is a Buy with a $180.00 price target. To see the full list of analyst forecasts on Tapestry stock, see the TPR Stock Forecast page.
Spark’s Take on TPR Stock
According to Spark, TipRanks’ AI Analyst, TPR is a Neutral.
The score is driven by strong cash-flow generation and an upbeat earnings call with raised guidance and shareholder returns, supported by clear upward price momentum. These positives are tempered by high balance-sheet leverage and a notably elevated valuation (high P/E), which increase downside risk if margin pressure, tariffs, or the Kate Spade turnaround worsen.
To see Spark’s full report on TPR stock, click here.
More about Tapestry
Tapestry, Inc., listed on the NYSE under the symbol TPR, is a global house of iconic accessories and lifestyle brands that currently includes Coach and kate spade new york. The company focuses on expanding these brands across new geographies and generations, creating products and experiences aimed at building lasting brand loyalty and elevating everyday life for consumers worldwide.
Headquartered in New York, Tapestry positions itself at the intersection of fashion and lifestyle, leveraging digital channels and consumer insights to deepen engagement. Its strategy emphasizes disciplined operations at scale and the use of multiple information channels for investors, reflecting its ambition to stretch what’s possible for its portfolio brands and sustain long-term growth in the competitive luxury and premium accessories market.
Average Trading Volume: 2,253,023
Technical Sentiment Signal: Buy
Current Market Cap: $28.59B
For detailed information about TPR stock, go to TipRanks’ Stock Analysis page.
