Jide Zeitlin Bio & Net Worth

Posted on

Who is Jide Zeitlin? Zeitlin is a senior investment banker at Goldman Sachs, where he started as a summer intern after his second year at Amherst. Zeitlin was elected partner at Goldman Sachs in 1996 and held a number of senior management positions in the company’s investment banking division and executive office.

Jide Zeitlin
Jide Zeitlin

Jide Zeitlin stepped down tuesday as CEO and chairman of luxury goods company Tapestry following a board investigation into his personal conduct, in an abrupt demise for one of the few black executives of a major U.S. company.
Open to all signatures in the fashion industry

Jide Zeitlin speaks at an event last September. Loren Matthew/AP Images for Tapestry, Inc.
KEY FACTS

Coach’s parent company, Kate Spade and Stuart Weitzman announced early Tuesday morning that Zeitlin was retiring from the company and board with immediate effect for “personal reasons.”

On Tuesday afternoon, sources told the Wall Street Journal that the company hired a law firm this month to investigate allegations of misconduct by a woman who accused Zeitlin of “posing as a photographer more than a decade ago under an alias to lure her into a romantic relationship.” ‘

Zeitlin said in a LinkedIn post that he “did not use power, wealth or position to further that relationship,” which he started and ended 13 years ago, and that he sometimes used the pseudonym James when he photographed strangers “for privacy reasons” as I rose through the ranks as a rare black banker. ‘

He said the allegations reached the board after a journalist named William Cohan raised pointed questions about the relationship, leading to a series of events that Zeitlin claimed his advisers called a “very unusual hit job.”

Zeitlin joined tapestry’s board in 2006, served as chairman since November 2014 and became CEO in September last year; he previously worked at Goldman Sachs for two decades and held senior management positions.

In 2009, Zeitlin was nominated by President Obama to serve as envoy to the United Nations for financial overhaul and was approved by the Senate Foreign Relations Committee, but withdrew citing “personal reasons” – and according to Foreign Policy reporting at the time, a woman contacted several government offices and multiple news outlets to say that he was “using deception to lure her” into a romantic relationship – apparently the same relationship behind his departure from Tapestry.
crucial quote

‘I’m the first to acknowledge that I’m human, for better and worse. I made a mistake in having a relationship with this woman and I handled that in my personal life at the time. “But more than a decade after my appointment process at the United Nations, I cannot allow these accusations to be armed against me,” Zeitlin said in his LinkedIn post.
surprising fact

In 2007, American Tower Corp. filed a lawsuit accusing him of posing as the company’s CEO in an email while running a rival wireless tower operator. He later said it was a joke that “clearly fell flat.”
Tangent

When Zeitlin was elected chairman of the board of directors of his alma mater Amherst College in 2005, he explained the impact that education had on his life. He was born in Nigeria to a low-school domestic servant and was adopted by an American family at the age of 5. “I grew up in a family with modest financial resources,” Zeitlin said, “but that was rich in a tradition of learning and knowledge. ” He graduated magna cum laude from Amherst College in 1985 and earned his MBA from Harvard Business School in 1987.

jide zeitlin wife tina goldberg tapestry family linkedin wiki photographer age american tower and amherst at abc news college bio background brooklyn black lives matter born j. biography cnbc ceo coach compensation contact cnn chairman of inc daily mail date birth email address education forbes face the nation father where is from goldman sachs gmail gma interview george floyd good morning keffi group hbs high school on america instagram married nigerian wikipedia net worth parents kauai letter to employees mother message milton academy nigeria nationality nsia name obama (tpr) origin propublica pronunciation profile quotes salary statement story twitter united nations un video woman

tapestry ceo jide zeitlin wife tina goldberg family linkedin wiki photographer age american tower and amherst at abc news college bio background brooklyn black lives matter born j. biography cnbc coach compensation contact cnn chairman of inc daily mail date birth email address education forbes face the nation father where is from goldman sachs gmail gma interview george floyd good morning keffi group hbs high school on america instagram married nigerian wikipedia net worth parents kauai letter to employees mother message milton academy nigeria nationality nsia name obama (tpr) origin propublica pronunciation profile quotes salary statement story twitter united nations un video woman