Ralph Lauren Corp. Announces Executive and Board Changes
Ticker: RL · Form: 8-K · Filed: Jan 21, 2025 · CIK: 1037038
Sentiment: neutral
Topics: executive-changes, board-changes, compensation
Related Tickers: RL
TL;DR
RL execs and board members shuffled; compensation plans updated.
AI Summary
Ralph Lauren Corporation announced on January 20, 2025, changes in its executive team and board of directors. The filing details the departure of certain officers and the election of new directors, alongside updates to executive compensation arrangements. Specific names and dollar amounts related to these changes were not detailed in the provided excerpt.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, operational focus, or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- RALPH LAUREN CORPORATION (company) — Registrant
- New York (location) — Principal executive office location
FAQ
What specific roles have been affected by the departure of officers?
The filing indicates the departure of certain officers but does not specify the exact roles in the provided excerpt.
Who are the newly elected directors?
The filing mentions the election of directors but does not list their names in the provided excerpt.
What are the details of the updated compensatory arrangements?
The filing notes changes to compensatory arrangements for certain officers but does not provide specific details or dollar amounts in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported is January 20, 2025.
What is Ralph Lauren Corporation's state of incorporation?
Ralph Lauren Corporation is incorporated in Delaware.
Filing Stats: 1,217 words · 5 min read · ~4 pages · Grade level 12.1 · Accepted 2025-01-21 09:23:31
Key Financial Figures
- $1,000,000 — an annual base salary of not less than $1,000,000 and to participate in any applicable bo
- $2,250,000 — an annual equity award with a value of $2,250,000, under the terms of the 2019 LTSIP and
Filing Documents
- eh250580540_8k.htm (8-K) — 31KB
- eh250580540_ex1001.htm (EX-10.1) — 100KB
- eh250580540_ex9901.htm (EX-99.1) — 12KB
- 0000950142-25-000154.txt ( ) — 344KB
- rl-20250120.xsd (EX-101.SCH) — 3KB
- rl-20250120_lab.xml (EX-101.LAB) — 33KB
- rl-20250120_pre.xml (EX-101.PRE) — 22KB
- eh250580540_8k_htm.xml (XML) — 3KB
01 REGULATION FD DISCLOSURE
ITEM 7.01 REGULATION FD DISCLOSURE. On January 21, 2025, the Company issued a press release announcing Mr. Ranftl's appointment. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference. The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. EXHIBIT NO. DESCRIPTION 10.1 Employment Agreement, dated January 20, 2025, between the Company and Robert Ranftl 99.1 Press Release, dated January 21, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. RALPH LAUREN CORPORATION Date: January 21, 2025 By: /s/ Justin M. Picicci Name: Justin M. Picicci Title: Chief Financial Officer