Signet Jewelers Appoints New Chief Legal Officer, CLO Departs

TL;DR

Signet Jewelers swaps CLOs, new GC Sarah McMath starts Sept 26 with $450k salary.

AI Summary

Signet Jewelers Limited announced on September 26, 2024, the departure of its Chief Legal Officer and General Counsel, Mark L. West, effective October 11, 2024. The company also announced the appointment of Sarah E. McMath as the new Chief Legal Officer and General Counsel, effective September 26, 2024. McMath will receive an annual base salary of $450,000 and will be eligible for equity awards.

Why It Matters

This filing indicates a significant leadership change in Signet Jewelers' legal department, which could impact the company's strategic direction and risk management.

Risk Assessment

Risk Level: low — The filing details routine executive changes and compensation, which are common and do not indicate significant operational or financial distress.

Key Numbers

• $450,000 — Annual Base Salary (New Chief Legal Officer and General Counsel Sarah E. McMath's starting salary.)

Key Players & Entities

• Signet Jewelers Limited (company) — Registrant
• Mark L. West (person) — Departing Chief Legal Officer and General Counsel
• October 11, 2024 (date) — Effective date of Mark L. West's departure
• Sarah E. McMath (person) — Appointed Chief Legal Officer and General Counsel
• September 26, 2024 (date) — Effective date of Sarah E. McMath's appointment
• $450,000 (dollar_amount) — Annual base salary for Sarah E. McMath

FAQ

Key Financial Figures

• $0.18 — e on which registered Common Shares of $0.18 each SIG New York Stock Exchange Indi
• $1,400,000 — sation will include: (i) base salary of $1,400,000, subject to annual review and adjustmen
• $7,000,000 — with an initial expected award value of $7,000,000 for the grant to be made in Fiscal 2026
• $1,500,000 — yk will receive: (a) a signing bonus of $1,500,000, which the Company will recoup if Mr. S
• $3,500,000 — its ("RSUs") with a grant date value of $3,500,000, which will vest ratably over three yea
• $75,000 — ve a supplemental relocation payment of $75,000. Under the TPA, Mr. Symancyk's employ
• $2,500,000 — P award for the current fiscal year, or $2,500,000 for Ms. Hilson, $2,500,000 for Ms. Sing
• $1,100,000 — lson, $2,500,000 for Ms. Singleton, and $1,100,000 for Ms. Wooters. Each retention award w

Filing Documents

• sig-20240926.htm (8-K) — 47KB
• fy25ex99110x01x24pressrele.htm (EX-99.1) — 26KB
• 0000832988-24-000214.txt ( ) — 209KB
• sig-20240926.xsd (EX-101.SCH) — 2KB
• sig-20240926_lab.xml (EX-101.LAB) — 21KB
• sig-20240926_pre.xml (EX-101.PRE) — 12KB
• sig-20240926_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure On October 1, 2024 , the Company issued a press release announcing the leadership succession plan described above in Item 5.02. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, is being "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly stated by specific reference in such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description of Exhibit 99.1 Press release of Signet Jewelers Limited, dated October 1 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SIGNET JEWELERS LIMITED Date: October 1, 2024 By: /s/ Stash Ptak Name: Stash Ptak Title: General Counsel and SVP of Legal, Compliance and Risk

View Full Filing

View this 8-K filing on SEC EDGAR