---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-050167"
form_type: "8-K"
ticker: "SCVL"
cik: "0000895447"
company_name: "SHOE CARNIVAL INC"
filed_at: "2021-10-05T23:59:59+00:00"
generated_at: "2026-06-28T23:13:45.317979+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shoe Carnival names Mark Worden CEO; Sifford becomes Vice Chairman with new comp

## Summary
- Mark Worden succeeded Clifton Sifford as President & CEO effective Sept 30, 2021.
- Worden's annual base salary set at $700,000; eligible for incentive bonus.
- Upon termination without cause or for good reason, Worden gets 150% of base salary plus target bonus.
- Cliff Sifford continues as executive Vice Chairman with $300,000 annual comp ($150k cash + $150k equity) from 2022.
- Worden's non-competition period extended from one year to 18 months under amended agreement.

## SEC filing metadata
- accession: 0001564590-21-050167
- form_type: 8-K
- ticker: SCVL
- cik: 0000895447
- company_name: SHOE CARNIVAL INC
- filed_at: 2021-10-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895447/000156459021050167/0001564590-21-050167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895447/000156459021050167/scvl-8k_20210929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-050167
- JSON: https://secwatch.observer/filing/0001564590-21-050167.json
- Plain text: https://secwatch.observer/filing/0001564590-21-050167.txt

## Key facts
- Executive change
  Clifton E. Sifford changed role as Vice Chairman at SHOE CARNIVAL INC.
  - Action: continues
  - Role: Vice Chairman
  source text: Mr. Sifford continues to serve in the role of Vice Chairman of the Company’s Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/895447/000156459021050167/0001564590-21-050167-index.htm
- Executive change
  Mark J. Worden was appointed as President and Chief Executive Officer at SHOE CARNIVAL INC.
  - Action: succeeded
  - Role: President and Chief Executive Officer
  source text: Mark J. Worden, the Company’s President and Chief Customer Officer, succeeded Clifton E. Sifford as the Company’s President and Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/895447/000156459021050167/0001564590-21-050167-index.htm
- Executive change
  Mark J. Worden was appointed as Director at SHOE CARNIVAL INC.
  - Action: appointed
  - Role: Director
  source text: the Board also appointed Mr. Worden to serve as a member of the Board, effective upon his becoming the Company’s President and Chief Executive Officer on September 30, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/895447/000156459021050167/0001564590-21-050167-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
