{"url_path":"/sec/gco/8-k/2026-06-29/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-29","source_url":"https://www.sec.gov/Archives/edgar/data/18498/0001193125-26-286803-index.html","accession_number":"0001193125-26-286803","cik":"0000018498","ticker":"GCO","issuer_name":"GENESCO INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/18498/0001193125-26-286803-index.html","primary_entity_key":"0000018498","primary_entity_name":"GENESCO INC"},"word_count":644,"has_tables":true,"body_markdown":"## Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nOn June 29, 2026, Genesco Inc. (the “Company”) announced the appointment of Jonathan Collins as Senior Vice President, Finance and Chief Financial Officer. Mr. Collins will begin his employment as Senior Vice President, Finance and Chief Financial Officer on August 3, 2026 (the “Effective Date”). In connection with his appointment, Mr. Collins will also serve as the Company’s principal financial officer as of the Effective Date. As previously announced, Mimi E. Vaughn, the Company’s Board Chair, President and Chief Executive Officer was appointed by the Company’s board of directors to serve as the Company’s Interim Chief Financial Officer and principal financial officer until a successor was named by the Company. As such, as of the Effective Date, Ms. Vaughn will no longer serve as the Company’s Interim Chief Financial Officer and principal financial officer.\n\n \n\nPrior to joining the Company, Mr. Collins, age 54, served as Chief Financial Officer of America’s Car-Mart, Inc. (NASDAQ: CRMT) since May 2025. Previously, Mr. Collins served in various leadership roles at Walmart Inc. (NASDAQ: WMT) (“Walmart”) from 2012 to 2025, including as Vice President, Chief Financial Officer of Walmart Africa from 2023 to 2025, Vice President, Controllership from 2018 to 2023, Senior Director, International FP&A from 2014 to 2018 and Senior Director, Internal Audit from 2012 to 2014. Prior to joining Walmart, Mr. Collins served at KPMG LLP from 2000 to 2012, rising from Manager through multiple promotions to Partner. Mr. Collins holds a Master of Business Administration and a Master of Science in Accounting from the University of Illinois, a Bachelor of Science in Accounting from Western Governors University and a Bachelor of Science in Computer Science from Kennesaw State University. Mr. Collins is a Certified Public Accountant.\n\n \n\nIn connection with his appointment, Mr. Collins will receive an annual base salary of $550,000. Mr. Collins will be eligible under the Company’s Short-Term Incentive Compensation Plan (as such plan may be amended, modified, or terminated from time to time) to receive a target incentive award for the fiscal year beginning February 1, 2026 (“Fiscal 2027”), equal to $412,500, or 75% of Mr. Collins’ annual base salary for Fiscal 2027. Mr. Collins’ Fiscal 2027 Short-Term Incentive Plan award will be prorated based on his period of service during Fiscal 2027. Subject to the approval of the Compensation Committee of the Company’s Board of Directors, for Fiscal 2027, Mr. Collins will be eligible to participate in the Company’s Long-Term Incentive Compensation Program, with Mr. Collins’ target for Fiscal 2027 being equal to $825,000, which is equal to 150% of Mr. Collins’ annual base salary for Fiscal 2027. The long-term incentive award will be composed of (i) 50% performance share units that cliff-vest after three years and (ii) 50% time-based restricted stock awards. The first one-third tranche of the restricted stock award will vest one year from the grant date. The second and third tranches of the restricted stock award will vest on April 4, 2028 and April 4, 2029, respectively, to align with the Company’s customary vesting schedule. Mr. Collins’ initial total direct compensation at target will be $1,787,500. In addition, Mr. Collins will receive a relocation stipend of $25,000 per quarter, payable for three quarters. Mr. Collins will also become a participant in the Company’s Executive Severance Plan, and the Company and Mr. Collins will enter into the Company’s form Employment Protection Agreement providing for certain benefits in the event of a change of control.\n\n \n\nThere are no family relationships between Mr. Collins and any director or executive officer of the Company, and the Company is not aware of any transactions with Mr. Collins that are reportable pursuant to Item 404(a) of Regulation S-K. There are no legal proceedings required to be disclosed pursuant to Item 401(d) of Regulation S-K."}