John D. Idol

Last updated
John D. Idol
Born1958or1959(age 64–65) [1]
NationalityAmerican
OccupationBusinessman
TitleChairman and CEO, Capri Holdings

John D. Idol (born 1958/1959) is an American businessman, and the chairman and CEO of Capri Holdings (formerly Michael Kors Holdings). He has been the CEO since 2003, and the chairman since 2011. [2]

Contents

Career

Idol held senior positions at Ralph Lauren, before becoming the CEO of Donna Karan, a position he held from 1997 to 2001. [2] [1]

In 2003, Idol along with Hong Kong-based private equity firm Sportswear Holdings, bought the Michael Kors company for $100 million. [2]

Idol owns only 1% of the company, having sold shares worth in excess of $400 million since the initial public offering (IPO). [2]

In 2018 he was part of the consortium led by Lawrence Stroll in the purchase of Force India F1 Team. The team was pulled out of administration following the purchase and is currently named Aston Martin Cognizant F1 Team. [3]

Personal life

In 2015, Idol bought a penthouse in the Palm Beach Biltmore in Palm Beach, Florida, for $7.4 million, previously owned by Pari-Sima Pahlavi, widow of Abdul Reza Pahlavi of Iran. [4]

Related Research Articles

Aston Martin Lagonda Global Holdings PLC is a British manufacturer of luxury sports cars and grand tourers. Its predecessor was founded in 1913 by Lionel Martin and Robert Bamford. Steered from 1947 by David Brown, it became associated with expensive grand touring cars in the 1950s and 1960s, and with the fictional character James Bond following his use of a DB5 model in the 1964 film Goldfinger. Their grand tourers and sports cars are regarded as a British cultural icon.

McLaren Group Limited is a British holding company based in Woking, England, which is involved in Formula One and other motorsport and the manufacture of sports cars.

<span class="mw-page-title-main">Tapestry, Inc.</span> American Fashion Holding Company

Tapestry, Inc. is an American multinational luxury fashion holding company. It is based in New York City and is the parent company of three major brands: Coach New York, Kate Spade New York and Stuart Weitzman. Originally named Coach, Inc., the business changed its name to Tapestry on October 31, 2017.

<span class="mw-page-title-main">Midland Group</span> Company

The Midland Group is an international trading and investment holding company. Registered in Guernsey under the name Midland Resources Holding Ltd, the group owns a number of subsidiaries across the agriculture, manufacturing, real estate, shipping and steel industries. The group's co-founders are billionaires Alexander Shnaider (chairman), a Soviet-born Canadian national, and Ukrainian-born Eduard Shifrin of London, UK.

WWHB-CD is a low-power, Class A television station licensed to Stuart, Florida, United States, serving the West Palm Beach area with programming from the digital multicast network TBD. It is owned and operated by Sinclair Broadcast Group alongside CBS affiliate WPEC, CW affiliate WTVX, and Class A MyNetworkTV affiliate WTCN-CD. The stations share studios on Fairfield Drive in Mangonia Park, Florida, while WWHB-CD's transmitter is located southwest of Hobe Sound, Florida.

<i>The Palm Beach Post</i> Daily newspaper in West Palm Beach, Florida

The Palm Beach Post is an American daily newspaper serving Palm Beach County in South Florida, and parts of the Treasure Coast.

John Lawson Thornton is an American businessman and professor and director of the Global Leadership Program at Tsinghua University in Beijing. He is also executive chairman of Barrick Gold Corporation and non-executive chairman of PineBridge Investments. Thornton stepped down as co-president of Goldman Sachs in 2003.

<span class="mw-page-title-main">Martin Whitmarsh</span> British businessman (born 1958)

Martin Richard Whitmarsh is a British businessman and Group CEO of the Aston Martin Performance Technologies team since 21 September 2021. Whitmarsh is best known to motorsport insiders, media, and fans for his long and successful period at McLaren, for which he worked for 25 years (1989–2014) in various senior positions, including group chief executive officer, as well as Formula One Team Principal for six years (2008–2014).

<span class="mw-page-title-main">Toto Wolff</span> Austrian racing driver and F1 team principal (born 1972)

Torger Christian "Toto" Wolff is an Austrian billionaire motorsport executive, investor and former racing driver. He holds a 33% stake in the Mercedes-AMG Petronas F1 Team and is Team Principal and CEO of the team.

<span class="mw-page-title-main">Mark Wilf</span> American businessman (born 1962)

Mark Wilf is an American businessman who is the president and co-owner of the Minnesota Vikings, and chairman and co-owner of Orlando City SC.

<span class="mw-page-title-main">Lance Stroll</span> Canadian and Belgian racing driver (born 1998)

Lance Strulovitch, better known as Lance Stroll, is a Canadian and Belgian racing driver competing under the Canadian flag in Formula One. He has driven for Aston Martin since 2021, having previously driven for Williams and Racing Point. He was Italian F4 champion in 2014, Toyota Racing Series champion in 2015, and 2016 FIA European Formula 3 champion. He was part of the Ferrari Driver Academy from 2010 to 2015. He achieved his first podium finish, a 3rd place, at the 2017 Azerbaijan Grand Prix, becoming the second-youngest driver to finish an F1 race on the podium and the youngest to do so during his rookie season. At the 2020 Turkish Grand Prix, Stroll took his first pole position in Formula One. Stroll also competed in endurance racing, taking part in the 24 Hours of Daytona in 2016 and 2018.

<span class="mw-page-title-main">Capri Holdings</span> Multinational fashion holding company

Capri Holdings Limited is a multinational fashion holding company, incorporated in the British Virgin Islands, with executive offices in London and operational offices in New York. It was founded in 1981 by American designer Michael Kors. The company sells clothes, shoes, watches, handbags, and other accessories. In 2015, the company had more than 550 stores and over 1,500 in-store boutiques in various countries.

Wesley Robert Edens is an American billionaire businessman and private equity investor. He is the co-founder of Fortress Investment Group and founder of New Fortress Energy. Edens is co-owner of the Milwaukee Bucks franchise of the NBA based in Milwaukee, Wisconsin. While Edens was co-owner, the Bucks won the 2021 NBA championship. He is also the co-owner of association football holding company V Sports alongside Nassef Sawiris, whose assets include ownership of Premier League football club Aston Villa and an agreement to purchase a 46% stake in Portuguese Primeira Liga team Vitória S.C.

Lawrence Sheldon Strulović, best known as Lawrence Stroll, is a Canadian businessman, part-owner and executive chairman of Aston Martin, and the owner of the Aston Martin F1 Team. According to Forbes, he has a net worth of US$3.9 billion, as of March 2024.

<span class="mw-page-title-main">Racing Point F1 Team</span> Former British Formula One constructor

Racing Point F1 Team, which competed as BWT Racing Point F1 Team and commonly known as Racing Point, was a British motor racing team and constructor that Racing Point UK entered into the Formula One World Championship. The team was based in Silverstone, England and competed under a British licence.

AMR GP, officially AMR GP Limited is a British company that owns and operates the Aston Martin F1 Team, a Formula One racing team based in Silverstone, England. The company was established in August 2018 to buy the Formula One racing assets of the financially stricken Force India Formula One Team. Following its acquisition of the team assets just before the 2018 Belgian Grand Prix, it competed in that race, and for the rest of the 2018 season, as the Racing Point Force India Formula One Team, continuing to use the constructor's title of Force India. For the 2019 season the team was renamed to Racing Point F1 Team and went onwards competing with Racing Point as its constructor's title, until the rebranding of the team into Aston Martin in 2021.

<span class="mw-page-title-main">Aston Martin in Formula One</span> Formula One activities of Aston Martin

Aston Martin is a British car manufacturer that has participated in Formula One in various forms and is currently represented by a team named as Aston Martin Aramco F1 Team. The company first participated in Formula One during the 1959 season, where they debuted the DBR4 chassis using their own engine, but it failed to score any points. They continued to perform poorly through the 1960 season, once again failing to score any points. As a result, Aston Martin decided to leave Formula One after 1960.

<span class="mw-page-title-main">Alpine F1 Team</span> French-owned Formula One racing team

Alpine F1 Team, or currently BWT Alpine F1 Team for sponsorship reasons, is the name under which the Enstone-based Formula One team has been competing since the start of the 2021 Formula One World Championship. Formerly named Renault F1 Team and owned by the French automotive company Groupe Renault as well as Renault–Nissan–Mitsubishi Alliance, the team was rebranded for 2021 to promote Renault's sports car brand, Alpine, and continues to serve as Renault's works team. The chassis and managerial side of the team is based in Enstone, Oxfordshire, England, and the Renault-branded engine side of the team is based in Viry-Châtillon, a suburb of Paris, France. The team competes with a French licence.

John Textor is an American businessman. He is the former Executive Chairman of streaming television service FuboTV. He has been recognized for his work in the fields of digital media and entertainment with the nickname "Hollywood's Virtual Reality Guru".

References

  1. 1 2 "Executive Profile: John D. Idol". Bloomberg LP. Retrieved 26 September 2018.
  2. 1 2 3 4 "John D Idolis One of the 500 People Shaping the Global Fashion Industry in 2018". businessoffashion.com. Retrieved 26 September 2018.
  3. "Aston Martin F1". sportskeeda.com.
  4. "Michael Kors chairman pays $7.4 million for PB Biltmore condo". palmbeachdailynews.com. Retrieved 26 September 2018.