secwatch.observer — SEC 8-K summary
======================================

Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0001530721-25-000032
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capri Holdings CFO Thomas Edwards resigns; Rajal Mehta named Interim CFO effective June 20
--------------------------------------------------------------------------------

- Thomas J. Edwards Jr. resigns as EVP, CFO and COO, effective June 20, 2025, to pursue another opportunity; no accounting or disagreement issues.
- Rajal Mehta, current Michael Kors CFO, appointed Interim CFO; base salary $400,000, target cash incentive 50% of base, plus $200,000 transition bonus.
- Patricia Gabriel, SVP Chief Supply Chain Officer, now reports directly to CEO John Idol; company has begun search for permanent CFO.
- CEO Idol expressed confidence in strategies from recent Investor Day to return Capri to growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000153072125000032/0001530721-25-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000153072125000032/cpri-20250327.htm
  HTML page:      https://secwatch.observer/filing/0001530721-25-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer