secwatch.observer — SEC 8-K summary
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Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0001530721-23-000040
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capri Holdings appoints Mahesh Madhavan (CEO of Bacardi) to Board of Directors
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- Mahesh Madhavan appointed to Capri Holdings Board effective March 30, 2023; board now eight directors.
- Madhavan is CEO of Bacardi Limited, with over 25 years at the company.
- He will serve on Compensation and Talent Committee and Governance, Nominating and CSR Committee.
- Standard non-employee director compensation: $100K annual cash retainer, $12.5K per committee, $50K RSU grant.
- Madhavan is a Class III director, up for election at 2023 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000153072123000040/0001530721-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000153072123000040/cpri-20230329.htm
  HTML page:      https://secwatch.observer/filing/0001530721-23-000040

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