Genesco amends exec severance terms: Termination Notice effective during M&A talks, removes auto-retirement cutoff

GENESCO INC

The amendments apply to certain executive officers, excluding CEO Mimi E. Vaughn and Parag D. Desai.
Termination Notice by the Board will not be effective if the Company is in active negotiations for a Change in Control transaction.
The Agreement no longer automatically terminates upon the executive reaching a certain retirement age.
The Compensation Committee approved the amendments on February 6, 2025.

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