Lands' End, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Lands' End, Inc. invites stockholders to its 2024 Annual Meeting on May 9, 2024, in Dodgeville, WI.</b>

AI Summary

LANDS' END, INC. (LE) filed a Proxy Statement (DEF 14A) with the SEC on April 10, 2024. Lands' End, Inc. will hold its 2024 Annual Meeting of Stockholders on Thursday, May 9, 2024, at 9:00 a.m. Central Time. The meeting will take place at the Gary C. Comer Activity Center, 3 Lands' End Lane, Dodgeville, Wisconsin 53595. Stockholders of record as of the close of business on March 20, 2024, are entitled to attend the meeting. Admission requires an admission ticket and a government-issued photo identification. Cameras, recording devices, and other electronic devices will not be permitted at the meeting.

Why It Matters

For investors and stakeholders tracking LANDS' END, INC., this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A), indicating the company is formally soliciting votes from its shareholders for the upcoming annual meeting. The proxy statement details the agenda for the meeting, eligibility requirements for attendees, and rules of conduct, providing essential information for shareholders to exercise their voting rights.

Risk Assessment

Risk Level: low — LANDS' END, INC. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational performance data presented, thus posing low risk.

Analyst Insight

Shareholders should review the proxy statement to understand the meeting agenda and voting procedures, and ensure they meet the eligibility requirements for attendance and participation.

Key Numbers

• 2024 — Annual Meeting Year (2024 Annual Meeting of Stockholders)
• May 9 — Meeting Date (Thursday, May 9, 2024)
• 9:00 a.m. — Meeting Time (9:00 a.m. (Central Time))
• March 20 — Record Date (March 20, 2024)

Key Players & Entities

• LANDS' END, INC. (company) — Registrant and Company Name
• Andrew J. McLean (person) — Chief Executive Officer
• May 9, 2024 (date) — Date of Annual Meeting
• March 20, 2024 (date) — Record date for stock ownership
• Dodgeville, Wisconsin (location) — Location of Annual Meeting

FAQ

Industry Context

Lands' End, Inc. operates in the retail sector, specifically focusing on family clothing stores. This filing pertains to corporate governance and shareholder engagement.

Regulatory Implications

This is a filing under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the proxy statement for details on proposals to be voted on at the annual meeting.
2. Verify stock ownership as of March 20, 2024, to confirm eligibility for attendance.
3. Arrange for admission ticket and government-issued photo ID for in-person attendance.

Key Dates

• 2024-05-09: 2024 Annual Meeting of Stockholders — Key date for shareholder participation and voting.
• 2024-03-20: Record Date — Determines eligibility to attend and vote at the annual meeting.
• 2024-04-10: Filing Date — Date the definitive proxy statement was filed with the SEC.

Year-Over-Year Comparison

This filing is a definitive proxy statement (DEF 14A) for the 2024 Annual Meeting, providing formal notice and details for shareholder participation.

Filing Documents

• edge20026149x1_def14a.htm (DEF 14A) — 1291KB
• edge20026149x1_chair01.jpg (GRAPHIC) — 4KB
• edge20026149x1_chair01x1.jpg (GRAPHIC) — 5KB
• edge20026149x1_member01.jpg (GRAPHIC) — 5KB
• edge20026149x1_member01x1.jpg (GRAPHIC) — 5KB
• edge20026149x1_piecharts01.jpg (GRAPHIC) — 127KB
• edge20026149x1_piecharts02.jpg (GRAPHIC) — 87KB
• sig_ajmclean.jpg (GRAPHIC) — 19KB
• sig_plgray.jpg (GRAPHIC) — 24KB
• edge20026149x1_pvp01x1.jpg (GRAPHIC) — 234KB
• logo_landsendx1.jpg (GRAPHIC) — 26KB
• edge20026149x1_pc01.jpg (GRAPHIC) — 716KB
• edge20026149x1_pc02.jpg (GRAPHIC) — 734KB
• 0001140361-24-019003.txt (&nbsp;) — 7124KB
• le-20240509.xsd (EX-101.SCH) — 6KB
• le-20240509_def.xml (EX-101.DEF) — 6KB
• le-20240509_lab.xml (EX-101.LAB) — 13KB
• le-20240509_pre.xml (EX-101.PRE) — 5KB
• edge20026149x1_def14a_htm.xml (XML) — 146KB

ELECTION OF DIRECTORS

ITEM 1. ELECTION OF DIRECTORS 6 COMPENSATION OF DIRECTORS 16 BENEFICIAL OWNERSHIP OF THE COMPANY'S COMMON STOCK 17

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 19

ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS

ITEM 2. ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS 44 ITEM 3. ADVISORY VOTE ON THE FREQUENCY OF HOLDING FUTURE VOTES REGARDING THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS 45

RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

ITEM 4. RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 46 CERTAIN RELATIONSHIPS AND TRANSACTIONS 49 OTHER INFORMATION 49 i TABLE OF CONTENTS QUESTIONS AND ANSWERS Q. Why is Lands' End distributing this Proxy Statement? A. Our Board of Directors is soliciting proxies for use at the Lands' End, Inc. 2024 Annual Meeting (the "Annual Meeting") to be held on Thursday, May 9, 2024, at 9:00 a.m. Central Time, at the Gary C. Comer Activity Center, 3 Lands' End Lane, Dodgeville, Wisconsin 53595. In order to solicit your proxy, we must furnish you with this Proxy Statement, which contains information about the matters to be voted upon at the Annual Meeting. Q. What information is contained in these materials? A. The information included in this proxy statement relates to the proposals to be considered and voted on at the Annual Meeting, the voting process, the compensation of the directors and our most highly paid executive officers, and other required information. Our Form 10-K for fiscal year 2023 is available to review with this proxy statement. We are mailing materials relating to the 2024 Annual Meeting of Stockholders to our stockholders on or about April 10, 2024. Q. What will stockholders be asked to do at the Annual Meeting? A. At the Annual Meeting, our stockholders will be asked to: elect to Lands' End's Board of Directors the following six nominees presented by the Board of Directors: Robert Galvin, Elizabeth Leykum, Josephine Linden, John T. McClain, Andrew J. McLean and Alicia Parker; vote on a non-binding advisory resolution to approve the compensation of our named executive officers (as identified under "Executive Compensation" ); vote on a non-binding advisory resolution on the frequency of holding future stockholder votes regarding the compensation of our named executive officers; ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for fiscal y

ELECTION OF DIRECTORS

ITEM 1. ELECTION OF DIRECTORS Item 1 is the election of six nominees to our Board: Robert Galvin, Elizabeth Leykum, Josephine Linden, John T. McClain, Andrew J. McLean and Alicia Parker. Alicia Parker is being nominated for the first time, and each of the other nominees is a current member of the Board. If elected, each nominee will hold office until the next annual meeting or until their successor is elected and qualified, or earlier death, resignation, disqualification or removal. The Board currently has seven members: Robert Galvin, Elizabeth Leykum, Josephine Linden, John T. McClain, Andrew J. McLean, who are standing for reelection, as well as Jignesh Patel and Jonah Staw, who are not standing for reelection. By resolution of the Board in accordance with the Company's Bylaws, effective upon the 2024 Annual Meeting, the size of the Board will be reduced to six members. We wish to thank Jignesh Patel and Jonah Staw, who have each served on the Board since 2014, for their many years of distinguished service on the Board and their dedication to the Company. The persons named in the proxy card (the "proxies") will vote FOR the election of all of the nominees listed below, unless otherwise instructed. You may not vote for a greater number of persons than the number of nominees named in this Proxy Statement. The Board expects all nominees to be available for election. If any nominee should become unavailable to serve as a director for any reason prior to the Annual Meeting, the Board may substitute another person as a nominee. In that case, your shares will be voted for that other person. THE BOARD RECOMMENDS THAT YOU VOTE "FOR" ELECTION OF THE SIX NOMINEES FOR DIRECTOR The biographies of each of the nominees and members of the Board below contains information regarding the person's service as a director, business experience, education, public company director positions held currently or at any time during the last five years, information regarding involvement in

View Full Filing

View this DEF 14A filing on SEC EDGAR