GENESCO INC 8-K

What Happened

• Genesco Inc. announced in an 8-K that Senior Vice President and Chief Financial Officer Cassandra E. Harris tendered her resignation as an officer and employee effective March 6, 2026, to pursue opportunities outside the retail industry. The company states her departure is not due to any disagreement with the company’s operations or accounting practices.
• The company and Ms. Harris entered a Consulting Agreement dated January 29, 2026, under which she will serve as a consultant and principal accounting officer from March 7, 2026, through the filing of Genesco’s fiscal 2026 Form 10-K (anticipated March 25, 2026). The firm will pay her $12,000 for these transition services.
• Following Ms. Harris’s resignation, President and CEO Mimi E. Vaughn will assume the duties of Interim Chief Financial Officer until a successor is appointed. Ms. Vaughn previously served as the company’s SVP – Finance and CFO from February 2015 to June 2019. She will receive no additional compensation for the interim role and no changes were made to her severance arrangements.

Key Details

• Resignation effective date: March 6, 2026.
• Consulting Agreement date: January 29, 2026; consultant period: March 7, 2026 through anticipated 10-K filing (around March 25, 2026).
• Transition fee to departing CFO: $12,000.
• Interim CFO: Mimi E. Vaughn (current CEO and former CFO, Feb 2015–Jun 2019); no extra pay for interim duties.

Why It Matters

• For investors, the filing confirms continuity steps for financial leadership: the departing CFO will assist with the transition and the CEO will temporarily perform CFO duties, which may reduce disruption to financial reporting and the upcoming fiscal 2026 Form 10-K.
• The company has begun a search for a permanent CFO; investors should watch for subsequent disclosures about a successor, any changes in compensation, or impacts to financial controls and reporting timelines.