Shoe Carnival names Patrick Edwards CFO after Erik Gast departs over relocation dispute

SHOE CARNIVAL INC

CFO Erik Gast left Sept 25, 2023; departure due to disagreement over required relocation to Evansville HQ.
Gast receives $566,000 lump sum, COBRA for up to 18 months, and up to $100,000 relocation reimbursement; forfeits unvested RSUs/PSUs.
Patrick Edwards appointed Senior VP, CFO, Secretary, Treasurer effective Sept 25; annual base salary raised to $366,000.
Edwards served as VP, Chief Accounting Officer and Corporate Controller since 2021; nearly 30 years of finance experience.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Patrick C. Edwards

Senior Vice President, Chief Financial Officer, Secretary and Treasurer

SCVL · SHOE CARNIVAL INC

Effective: 2023-09-25
Filed: September 25, 2023, 7:59 PM ET

On September 22, 2023, the Board of Directors of the Company appointed Patrick C. Edwards to serve as the Company’s Senior Vice President, Chief Financial Officer, Secretary and Treasurer, effective as of September 25, 2023, to succeed Mr. Gast.

Departed

Erik Gast

Executive Vice President, Chief Financial Officer and Treasurer

SCVL · SHOE CARNIVAL INC

Effective: 2023-09-25
Successor: Patrick C. Edwards
Filed: September 25, 2023, 7:59 PM ET

mutually agreed that Mr. Gast would leave the Company to pursue other opportunities, effective as of September 25, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick C. Edwards was appointed as Senior Vice President, Chief Financial Officer, Secretary and Treasurer at SHOE CARNIVAL INC.

Action: appointed
Role: Senior Vice President, Chief Financial Officer, Secretary and Treasurer

Exact text from the filing

On September 22, 2023, the Board of Directors of the Company appointed Patrick C. Edwards to serve as the Company’s Senior Vice President, Chief Financial Officer, Secretary and Treasurer, effective as of September 25, 2023, to succeed Mr. Gast.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Erik Gast departed as Executive Vice President, Chief Financial Officer and Treasurer at SHOE CARNIVAL INC.

Action: left
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

mutually agreed that Mr. Gast would leave the Company to pursue other opportunities, effective as of September 25, 2023.

View on SEC.gov

SHOE CARNIVAL INC filing history →

Source: SEC EDGAR

accession 0001104659-23-103515

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