{"schema_version":"secwatch.filing_event.v1","accession":"0001530721-22-000022","form_type":"8-K","ticker":"CPRI","cik":"0001530721","company_name":"Capri Holdings Ltd","filed_at":"2022-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.879547+00:00","generated_at":"2026-06-27T01:08:39.143432+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Michael Kors CEO Joshua Schulman departs; John Idol remains Capri Chairman & CEO","bullets":["Schulman departure effective March 7; severance includes $2.6M salary and $5.2M bonus over 2 years.","Idol signs new employment agreement; base salary reinstated to $1.35M from FY2023 (was $1.215M due to COVID-19).","Idol's annual cash incentive targets: 300% base for FY22, 200% for FY23+; max 400% of base.","Schulman's non-compete reduced to 6 months expiring Sept 2, 2022; mutual non-disparagement included.","Idol retains benefits: $50K/yr life insurance, automobile/driver, corporate aircraft use."],"urls":{"canonical":"https://secwatch.observer/filing/0001530721-22-000022","json":"https://secwatch.observer/filing/0001530721-22-000022.json","markdown":"https://secwatch.observer/filing/0001530721-22-000022.md","text":"https://secwatch.observer/filing/0001530721-22-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1530721/000153072122000022/0001530721-22-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1530721/000153072122000022/cpri-20220307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T01:08:39.143432+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"62ce133ebc","claim":"Joshua Schulman departed as Chief Executive Officer of Michael Kors at Capri Holdings Ltd.","evidence_excerpt":"On March 7 , 2022, Capri Holdings Limited (the “Company”) announced that Joshua Schulman, Chief Executive Officer of Michael Kors, will depart from the Company, effective as of that same date","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1530721/000153072122000022/0001530721-22-000022-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"Chief Executive Officer of Michael Kors"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}