secwatch.observer — SEC 8-K summary
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Issuer:     RALPH LAUREN CORP (RL)
CIK:        0001037038
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0000950142-25-000154
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ralph Lauren names Bob Ranftl as COO effective March 30, 2025, succeeds Jane Nielsen
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- Ranftl to oversee IT, logistics, real estate, architecture, store design, and licensing.
- Mercedes Abramo (ex-Cartier) appointed Regional CEO for North America, effective March 1, 2025.
- Ranftl's compensation: base salary ≥$1M, target bonus 100% of salary, annual equity award $2.25M.
- Severance includes one-year base salary continuation plus target bonus; double upon change in control within 12 months.
- Both Ranftl and Abramo will report to CEO Patrice Louvet as enterprise leadership team members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037038/000095014225000154/0000950142-25-000154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037038/000095014225000154/eh250580540_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-000154

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer