Jackwyn nemerov biography for kids
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Jackwyn Nemerov to Receive $4.4M as Part of Severance
Ralph Lauren Corp. will pay Jackwyn Nemerov at least $4.4 million as part of her severance agreement.
In a regulatory filing with the Securities and Exchange Commission on Friday, or Form 8-K, the apparel firm will pay Nemerov $1.4 million, or the equivalent of 72 weeks of her annual base salary, paid as a continuation of salary. In addition, she receives a $3 million lump sum payment, or 300 percent of her annual base salary, payable at the end of her salary continuation period.
The agreement, signed on Wednesday, provides that she will vest in all unvested stock options as of the date of termination and will have one year from the termination date to exercise the stock options. Nemerov also vests in all performance-based equity awards based on the firm’s actual performance on the dates those were scheduled to vest, the filing said.
Further, Nemerov is obligated to provide certain transition services. She also agreed to certain confidentiality, non-compete, non-disparagement and non-solicitation provisions. In addition, she was required to agree to a general release of claims against the company.
Late last month, the company named Stefan Larsson to the position of chief executive officer, a position on
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Business (born c. 1951)
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Jackwyn nemerov biography of michael
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Director
Ms.
Jackwyn L. Nemerov serves as an Independent Director of the Company. She was the President and Chief Operating Officer of Ralph Lauren Corporationrationration, a global leader in premium lifestyle products, from November 2013 until November 2015.
She served as Executive Vice President of Ralph Lauren Corporation from September 2004 until October 2013 and was a member of Ralph Lauren Corporationrationrations board of directors from 2007 until September 2015. Prior to her tenure there, she held multiple positions in the retail industry, including President and Chief Operating Officer of the Jones Apparel Group from 1998 to 2002.
Ms. Nemerovs extensive retail, brand management and operations experience, as well as her related management positions in the