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Genesco Updates Employment Protection Agreements for Executives

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Genesco Updates Employment Protection Agreements for Executives

The latest announcement is out from Genesco ( (GCO) ).

On February 6, 2025, Genesco Inc.’s Compensation Committee approved amendments to its Employment Protection Agreement. The changes allow Termination Notices during active negotiations for transactions that could lead to a Change in Control and remove automatic termination upon reaching a certain retirement age, impacting executive employment stability during potential company transitions.

More about Genesco

YTD Price Performance: -1.77%

Average Trading Volume: 190,874

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $460.6M

See more insights into GCO stock on TipRanks’ Stock Analysis page.

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