There are now just 4 Black CEOs in the Fortune 500 as Tapestry boss resigns

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And then there were four.

The list of Black CEOs heading a Fortune 500 company got shorter on Tuesday when the chief executive of Coach and Kate Spade parent Tapestry left the fashion company after less than a year on the job.

In a press release, the company attributed CEO Jide Zeitlin’s abrupt departure to unspecified “personal reasons.” A Wall Street Journal report published Tuesday morning says the company’s board had opened an investigation into Zeitlin’s personal behavior after a woman alleged that he posed as a photographer in 2007 to lure her into a romantic relationship. In a statement to the WSJ, Zeitlin acknowledged photographing and engaging in a relationship with the woman, saying,” I felt compelled to resign today because I do not want

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