secwatch.observer — SEC 8-K summary
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Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2021-10-05T23:59:59+00:00
Accession:  0001564590-21-050167
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000156459021050167/0001564590-21-050167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000156459021050167/scvl-8k_20210929.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-050167

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