secwatch.observer — SEC 8-K summary
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Issuer:     GUESS INC (—)
CIK:        0000912463
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0000912463-24-000061
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guess? CFO Markus Neubrand resigns; Dennis Secor named interim CFO effective Aug 26
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- Markus Neubrand resigns as CFO effective Aug 26, 2024; will remain employee through Sept 30 for transition.
- Dennis Secor, former CFO (2006-2012), appointed interim CFO effective Aug 26, 2024.
- Secor's agreement: base salary $750k through Mar 2025 then $240k; retention bonus $350k if employed through Aug 25, 2025.
- Company initiates search for permanent CFO based in Lugano, Switzerland with executive search firm.
- Secor receives RSU award: shares = ($500k / closing price) - 6,462, vesting Aug 25, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912463/000091246324000061/0000912463-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912463/000091246324000061/ges-20240815.htm
  HTML page:      https://secwatch.observer/filing/0000912463-24-000061

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