Capri Holdings Ltd. Announces Director Changes

Ticker: CPRI · Form: 8-K · Filed: 2025-04-01T00:00:00.000Z

Sentiment: neutral

Topics: board-changes, management-changes, governance

Related Tickers: CPRI

TL;DR

Capri Holdings board shake-up: Anne Rees out, Sarah Lippmann in.

AI Summary

Capri Holdings Ltd. announced on March 27, 2025, the departure of director Anne Rees and the appointment of Sarah Lippmann as a new director. The company also disclosed compensatory arrangements for certain officers. These changes are effective as of March 27, 2025.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing primarily concerns routine board and officer changes, with no immediate financial distress or significant operational shifts indicated.

Key Players & Entities

FAQ

Who has departed from the board of directors at Capri Holdings Ltd?

Anne Rees has departed from the board of directors.

Who has been appointed as a new director at Capri Holdings Ltd?

Sarah Lippmann has been appointed as a new director.

What is the effective date of the reported changes?

The earliest event reported is dated March 27, 2025.

What other items are disclosed in this 8-K filing besides director changes?

The filing also includes information on compensatory arrangements of certain officers and Regulation FD disclosures.

What is the principal executive office address for Capri Holdings Ltd?

The principal executive offices are located at 90 Whitfield Street, 2nd Floor, London, United Kingdom, W1T 4EZ.

From the Filing

0001530721-25-000032.txt : 20250401 0001530721-25-000032.hdr.sgml : 20250401 20250401091934 ACCESSION NUMBER: 0001530721-25-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250327 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250401 DATE AS OF CHANGE: 20250401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Capri Holdings Ltd CENTRAL INDEX KEY: 0001530721 STANDARD INDUSTRIAL CLASSIFICATION: LEATHER & LEATHER PRODUCTS [3100] ORGANIZATION NAME: 04 Manufacturing EIN: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 0329 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35368 FILM NUMBER: 25796953 BUSINESS ADDRESS: STREET 1: 90 WHITFIELD STREET STREET 2: 2ND FLOOR CITY: LONDON STATE: X0 ZIP: W1T 4EZ BUSINESS PHONE: 44 207 632 8600 MAIL ADDRESS: STREET 1: 90 WHITFIELD STREET STREET 2: 2ND FLOOR CITY: LONDON STATE: X0 ZIP: W1T 4EZ FORMER COMPANY: FORMER CONFORMED NAME: Michael Kors Holdings Ltd DATE OF NAME CHANGE: 20110920 8-K 1 cpri-20250327.htm 8-K cpri-20250327 0001530721 false 0001530721 2025-03-27 2025-03-27 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): March 27, 2025 CAPRI HOLDINGS LTD (Exact name of Registrant as Specified in its Charter) 001-35368 (Commission File Number) British Virgin Islands   N/A (State or other jurisdiction of incorporation)   (I.R.S. Employer Identification No.) 90 Whitfield Street 2nd Floor London , United Kingdom W1T 4EZ (Address of Principal Executive Offices) 44 207 632 8600 (Registrant’s telephone number, including area code)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on which Registered Ordinary Shares, no par value CPRI New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On March 27, 2025, Thomas J. Edwards, Jr., Executive Vice President, Chief Financial Officer and Chief Operating Officer of Capri Holdings Limited (the “ Company ”) notified the Company of his decision to resign from his position, effective June 20, 2025, to pursue another opportunity. Mr. Edwards’ decision to resign is not related to any accounting or financial issue or any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company has appointed

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