Genesco announces Journeys Group President Mario Gallione to retire Feb 2024; search for successor underway

GENESCO INC

Mario Gallione to retire effective February 3, 2024, after 44 years at Genesco.
Gallione will serve as President Emeritus through Feb 3, 2024, then consultant until June 28, 2024.
Mike Sypert, 34-year veteran, named Journeys COO to lead transition and assume day-to-day responsibilities.
Executive search firm Egon Zehnder engaged to find Gallione's successor, considering internal and external candidates.
Gallione to receive current salary of $42,500/month through Oct 28, then $12,500/month until Feb 3, plus consulting fees.

item 5.02 item 9.01

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Departed

Mario Gallione

President of Journeys and Senior Vice President

GCO · GENESCO INC

Effective: 2024-02-03
Filed: August 31, 2023, 7:59 PM ET

On August 30, 2023, Genesco Inc. (the “Company”) announced the upcoming retirement of Mario Gallione, President of Journeys and Senior Vice President, with an expected effective date of February 3, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mario Gallione departed as President of Journeys and Senior Vice President at GENESCO INC.

Action: retire
Role: President of Journeys and Senior Vice President

Exact text from the filing

On August 30, 2023, Genesco Inc. (the “Company”) announced the upcoming retirement of Mario Gallione, President of Journeys and Senior Vice President, with an expected effective date of February 3, 2024.

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Source: SEC EDGAR

accession 0000950170-23-045544

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