Cato Corp announces CFO retirement; Chuck Knight to succeed John Howe on Jan 17, 2022

CATO CORP

John R. Howe retires as EVP/CFO after 35 years, effective Jan 17, 2022; will assist transition through May 1, 2022.
Successor Chuck Knight appointed EVP/CFO; previously CFO of Vitamin Shoppe and corporate controller at Toys "R" Us.
Knight's initial base salary $400K; eligible for performance bonus up to 60% of base salary for FY2022.
Equity grants up to 60% of base salary under 2018 Incentive Compensation Plan, vesting over 5 years.
One-time relocation allowance of $30,000 plus moving and temporary housing for relocation to Charlotte, NC.

item 5.02 item 9.01

Executive movements

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Departed

John R. Howe

Executive Vice President, Chief Financial Officer

CATO · CATO CORP

Effective: 2022-01-17
Successor: Chuck Knight
Filed: January 6, 2022, 6:59 PM ET

Mr. John R. Howe, its Executive Vice President, Chief Financial Officer and the Company’s principal financial officer, will retire from these roles effective January 17, 2022

Appointed

Chuck Knight

Executive Vice President, Chief Financial Officer

CATO · CATO CORP

Effective: 2022-01-17
Filed: January 6, 2022, 6:59 PM ET

Mr. Knight’s appointment as Executive Vice President, Chief Financial Officer will be effective as of January 17, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John R. Howe departed as Executive Vice President, Chief Financial Officer at CATO CORP.

Action: retire
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

Mr. John R. Howe, its Executive Vice President, Chief Financial Officer and the Company’s principal financial officer, will retire from these roles effective January 17, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Chuck Knight was appointed as Executive Vice President, Chief Financial Officer at CATO CORP.

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

Mr. Knight’s appointment as Executive Vice President, Chief Financial Officer will be effective as of January 17, 2022.

View on SEC.gov

CATO CORP filing history →

Source: SEC EDGAR

accession 0000018255-22-000003

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