secwatch.observer — SEC 8-K summary
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Issuer:     G III APPAREL GROUP LTD /DE/ (GIII)
CIK:        0000821002
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0001558370-23-019457
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

G-III Appoints Dana Perlman as Chief Growth and Operations Officer; Renews EVP Goldfarb Contract
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- Dana Perlman named Chief Growth and Operations Officer effective Jan 8, 2024; base salary $750,000, target bonus up to 2x base.
- Perlman receives $500,000 sign-on bonus (cliffs at 6 months) and $300,000 RSU grant vesting at 3 years.
- Jeffrey Goldfarb enters new employment agreement through Jan 2027; base salary $950,000, target bonus $1.5M, equity guideline $1.5M.
- Goldfarb's transition agreement provides 2x (salary + bonus) severance on change-in-control termination.
- Perlman was PVH Corp. Chief Strategy Officer; will oversee Strategy, Finance, IT, and Communications.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821002/000155837023019457/0001558370-23-019457-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821002/000155837023019457/giii-20231204x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-019457

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