Vince Holding Corp. (NYSE:VNCE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Vince Holding Corp. (NYSE:VNCE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Story continues below

On September 6, 2019, Jeff Feinberg resigned from the board of directors (the “Board”) of Vince Holding Corp. (the Company”) and from the compensation and the nominating and corporate governance committees of the Board, effective immediately.  Mr. Feinberg’s resignation did not involve a disagreement with the Company or any matter relating to the Company’s operations, policies or practices.

On September 6, 2019, the Board unanimously elected Robin Kramer as a Class I director, effective immediately. Ms. Kramer will fill the vacancies created by Mr. Feinberg’s resignation and will serve on the Board’s compensation as well as nominating and corporate governance committees.  Following Ms. Kramer’s appointment, the Board continues to consist of seven directors with two seats that remain vacant.

There are no family relationships between Ms. Kramer and any director, executive officer or nominees thereof of the Company. There are no related party transactions between the Company and Ms. Kramer that would require disclosure under Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended.

In connection with her appointment as a director, Ms. Kramer will receive compensation in the same manner as the Company’s other non-employee directors who are not employed by Sun Capital Partners, Inc. or its affiliates, as described in the Company’s proxy statement filed with the Securities and Exchange Commission on April 22, 2019.

About Vince Holding Corp. (NYSE:VNCE)

Vince Holding Corp. (Vince) is a contemporary fashion brand known for modern style and everyday luxury essentials. The Company offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. It operates in two segments: wholesale and direct-to-consumer. Its wholesale segment consists of sales to department stores and specialty stores in the United States and in select international markets. Its direct-to-consumer segment includes its retail and outlet stores, and its e-commerce business. It operates approximately 50 stores, which consisted of over 30 Company-operated full-price retail stores and over 10 Company-operated outlet locations. The direct-to-consumer segment also includes its e-commerce Website, www.vince.com. It offers women’s line under the Vince brand, which includes seasonal collections of cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and an assortment of outerwear.

An ad to help with our costs