Capri Holdings appoints Cedric Wilmotte CEO of Michael Kors effective April 3, 2023

Capri Holdings Ltd

Cedric Wilmotte, previously interim CEO of Versace and President of Michael Kors EMEA, appointed CEO of Michael Kors.
Effective April 3, 2023; reports to Capri CEO John D. Idol.
Annual base salary $1M; guaranteed cash incentive of 200% of salary for fiscal 2024 ($2M total).
Long-term incentive award valued at ~$3.5M in RSUs vesting over three years, granted June 15, 2023.
Wilmotte led Michael Kors EMEA from 2008-2021; prior roles at Marc Jacobs and Donna Karan.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Cedric Wilmotte

Chief Executive Officer of Michael Kors

CPRI · Capri Holdings Ltd

Effective: 2023-04-03
Filed: January 23, 2023, 6:59 PM ET

On January 23, 2023, Capri Holdings Limited (“ Capri ”) announced that Cedric Wilmotte is being appointed Chief Executive Officer of Michael Kors effective April 3, 2023 (the “ Commencement Date ”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Cedric Wilmotte was appointed as Chief Executive Officer of Michael Kors at Capri Holdings Ltd.

Action: appointed
Role: Chief Executive Officer of Michael Kors

Exact text from the filing

On January 23, 2023, Capri Holdings Limited (“ Capri ”) announced that Cedric Wilmotte is being appointed Chief Executive Officer of Michael Kors effective April 3, 2023 (the “ Commencement Date ”).

View on SEC.gov

Capri Holdings Ltd filing history →

Source: SEC EDGAR

accession 0001530721-23-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.