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* THE VALUE IS THE MARKET VALUE AS OF THE LAST DAY OF THE QUARTER FOR WHICH THE 13F WAS FILED.
FUND | NUMBER OF SHARES | VALUE ($) | PUT OR CALL |
---|
DIRECTORS | AGE | BIO | OTHER DIRECTOR MEMBERSHIPS |
---|---|---|---|
Mr. Luis previously served as a director and member of the audit committee and chair of the nominating and corporate governance committee of FarFetch Limited (NYSE: FTCH). He served as the chief executive officer and on the board of directors of Tapestry, Inc. (formerly known as Coach, Inc.) (NYSE: TPR) from 2014 to 2019, where he led the company’s transformation into Tapestry Inc., a New York-based house of modern luxury brands including Coach, Kate Spade and Stuart Weitzman. Mr. Luis joined Coach, Inc. in 2006 as president and chief executive officer of Coach Japan. He rapidly assumed additional leadership responsibilities across Asia and Europe, becoming chief commercial officer of Coach, Inc. in 2013 and chief executive officer in 2014. Prior to joining Coach, Inc., from 2002 to 2006, Mr. Luis was president and chief executive officer of Baccarat, Inc., where he ran the North American operation of the French luxury brand. Mr. Luis joined the Moët-Hennessy Louis Vuitton Group in 1995, ultimately advancing to president and chief executive officer of its subsidiary, Givenchy, Japan Incorporated, before leaving in 2002. | |||
• We continued to ensure diverse perspectives are reflected on our Board, which includes four female directors and six directors from underrepresented communities. • Dave Powers will retire as Chief Executive Officer and President of the Company effective August 1, 2024. Stefano Caroti, the Company's Chief Commercial Officer, will succeed Mr. Powers as Chief Executive Officer and President, as part of a planned multi-year succession process. • We expect Mr. Powers to continue to serve as a director, and Mr. Caroti to be appointed as a director, following the 2024 Annual Meeting of Stockholders assuming they are elected by our stockholders. • As of the date of our 2024 Annual Meeting of Stockholders, the authorized number of directors will be increased from ten to eleven. | |||
Change in Control and Severance Agreements : | |||
• Our Corporate Governance Guidelines allow our Board to determine whether to separate or combine the roles of the Chair and Chief Executive Officer. Currently, Mr. Devine, who is an independent director, serves as Chair of the Board. We believe this is the most appropriate leadership structure for our Company at this time. | |||
Ms. Ibrahim is currently a general partner of Canaan Partners, an early stage venture capital firm, where she has worked since March 2000. Prior to joining Canaan Partners, from 1998 to 2000 she served as vice president of e-business at Qwest Communications, where she architected the company’s e-business strategy and spearheaded the redesign of Qwest.com, and previously served as Qwest Communication’s vice president of business development. From 2012 through 2020, Ms. Ibrahim served as a member of the board of directors of The RealReal, Inc. (Nasdaq: REAL), an online brick-and-mortar marketplace for authenticated luxury consignment, providing leadership to the company through its 2019 initial public offering. Ms. Ibrahim currently serves on the boards of directors of a number of private innovative enterprise and consumer companies. Further, she has served as a trustee for the Carnegie Endowment for International Peace, a foreign policy think tank, since 2017. | |||
Ms. Shanahan has over 25 years of senior-level experience in retail, consumer products and hospitality, ranging from global, multi-channel, multi-brand enterprises to small and mid-cap growth companies. In June 2023, she joined the board of directors and is the chair of the people, culture and compensation committee and a member of the nominating, governance and sustainability committee of CAVA Group Inc. (NYSE: CAVA). She serves on the board of directors, and is the chair of the human resources committee and a member of the nominations committee of Treasury Wine Estates Limited (ASX: TWE), a vertically integrated global wine business with over 70 brands. She joined Gap Inc. in 1992 and served in numerous leadership roles, including chief administrative officer and chief legal officer, during her 16-year career with the company. Since then, she has served as a principal of Maroon Peak Advisors, a consumer products and retail consulting firm. | |||
• We continued to ensure diverse perspectives are reflected on our Board, which includes four female directors and six directors from underrepresented communities. • Dave Powers will retire as Chief Executive Officer and President of the Company effective August 1, 2024. Stefano Caroti, the Company's Chief Commercial Officer, will succeed Mr. Powers as Chief Executive Officer and President, as part of a planned multi-year succession process. • We expect Mr. Powers to continue to serve as a director, and Mr. Caroti to be appointed as a director, following the 2024 Annual Meeting of Stockholders assuming they are elected by our stockholders. • As of the date of our 2024 Annual Meeting of Stockholders, the authorized number of directors will be increased from ten to eleven. | |||
Cynthia (Cindy) L. Davis (Chair) | |||
Ms. Stewart previously served as an advisor and Board Partner at Gradient Ventures, Google's early-stage venture fund focused on artificial intelligence. Throughout her career she has helped drive digital transformation at scale across multiple industries. Ms. Stewart served in various executive roles at Google, Inc. (Nasdaq: GOOG, GOOGL), a subsidiary of Alphabet Inc., including as Vice President, Global Partnerships where she led partner management for the largest U.S. publishers across search, news, commerce, media and entertainment, telecommunications and mobile applications. In January 2021 she joined the board of directors and serves as the chair of the nominating and corporate governance committee and a member of the audit committee for PagerDuty (NYSE: PD), a digital operations management company. Ms. Stewart previously served on the board of directors and as a member of the compensation committee and nominating and corporate governance committee for Volta Industries, Inc. (NYSE: VLTA). Ms. Stewart served as a corporate director for Pluralsight, Inc. (Nasdaq: PS), from 2018 to 2021. From 2002 to 2006 she worked for DaimlerChrysler AG (now Daimler AG) as director of Chrysler Brand Advertising and the director of Chrysler Group’s first Interactive Communications team. Ms. Stewart began her career in 1979 at IBM Corporation (NYSE: IBM) where she served in various financial and marketing management positions. She is the co-author of A Blessing: Women of Color Teaming Up to Lead, Empower and Thrive and the 2019-2020 Women of Color in Business Cross-Generational Survey. |
Name and Principal Position | Year |
Salary
($) |
Bonus
($) |
Stock
Awards
($)
|
Non-Equity Incentive
Plan
Comp.
($)
|
All Other Comp.
($)
|
Total
($) |
|||||||||||||||||||||||||||||||||||||
Dave Powers | 2024 | 1,276,923 | — | 8,499,746 | 4,462,978 | 18,765 | 14,258,412 | |||||||||||||||||||||||||||||||||||||
Chief Executive Officer
President |
2023 | 1,173,077 | — | 7,999,562 | 2,200,822 | 18,015 | 11,391,476 | |||||||||||||||||||||||||||||||||||||
2022 | 1,100,000 | — | 7,999,651 | 1,701,521 | 53,762 | 10,854,934 | ||||||||||||||||||||||||||||||||||||||
Steven J. Fasching | 2024 | 799,615 | — | 4,999,117 | 1,502,520 | 18,753 | 7,320,005 | |||||||||||||||||||||||||||||||||||||
Chief Financial Officer | 2023 | 756,923 | — | 1,699,907 | 651,493 | 18,003 | 3,126,326 | |||||||||||||||||||||||||||||||||||||
2022 | 686,538 | — | 2,499,639 | 643,137 | 10,632 | 3,839,946 | ||||||||||||||||||||||||||||||||||||||
Stefano Caroti
|
2024 | 786,154 | 400,000 | 1,999,912 | 1,478,169 | 60,319 | 4,724,554 | |||||||||||||||||||||||||||||||||||||
Chief Commercial Officer | 2023 | 729,231 | 400,000 | 2,999,273 | 589,081 | 57,438 | 4,775,023 | |||||||||||||||||||||||||||||||||||||
2022 | 686,539 | — | 2,499,684 | 545,519 | 53,458 | 3,785,200 | ||||||||||||||||||||||||||||||||||||||
Anne Spangenberg
|
2024 | 756,164 | — | 1,499,181 | 1,388,115 | 44,844 | 3,688,304 | |||||||||||||||||||||||||||||||||||||
President of Fashion Lifestyle | 2023 | 471,472 | — | 1,199,466 | 206,877 | 9,611 | 1,887,426 | |||||||||||||||||||||||||||||||||||||
Thomas Garcia
|
2024 | 627,764 | — | 999,639 | 937,705 | 49,179 | 2,614,287 | |||||||||||||||||||||||||||||||||||||
Chief Administrative Officer | 2023 | 546,182 | — | 999,612 | 464,442 | 46,595 | 2,056,831 |
Customers
Customer name | Ticker |
---|---|
The Gap, Inc. | GPS |
Nordstrom, Inc. | JWN |
No Suppliers Found
Price
Yield
Owner | Position | Direct Shares | Indirect Shares |
---|---|---|---|
Stefano Caroti | - | 259,266 | 0 |
Powers David | - | 167,037 | 0 |
Fasching Steven J. | - | 151,974 | 0 |
Powers David | - | 80,100 | 0 |
Spangenberg Anne | - | 67,434 | 0 |
Stefano Caroti | - | 49,036 | 0 |
Ellerker Marco | - | 29,895 | 0 |
Ogbechie Angela | - | 29,562 | 0 |
Fasching Steven J. | - | 29,224 | 0 |
Shanahan Lauri M | - | 28,439 | 0 |
Spring-Green Robin | - | 20,008 | 0 |
Garcia Thomas | - | 16,457 | 0 |
Garcia Thomas | - | 13,592 | 0 |
Figuereo Juan R | - | 11,735 | 0 |
Davis Cindy L | - | 11,141 | 0 |
Ibrahim Maha Saleh | - | 10,388 | 0 |
CHAN NELSON C | - | 9,913 | 0 |
Spangenberg Anne | - | 9,295 | 0 |
Stewart Bonita C. | - | 8,863 | 0 |
DEVINE MICHAEL F III | - | 6,291 | 0 |
Ogbechie Angela | - | 4,340 | 0 |