Legion Partners Issues Letter to Genesco (GCO) Shareholders Regarding Company’s Misaligned Executive Compensation Structure

Go back to Legion Partners Issues Letter to Genesco (GCO) Shareholders Regarding Company’s Misaligned Executive Compensation Structure

Legion Partners Issues Letter to Genesco Shareholders Regarding the Company’s Misaligned Executive Compensation Structure

June 14, 2021 7:00 AM EDT

Believes Compensation Committee Leaders Matthew C. Diamond and Joanna Barsh Have Failed for Years to Align Exec Comp With Tangible Business Improvements and Shareholder Value

Highlights Exec Comp has Consistently Risen as Margins have Deteriorated

LOS ANGELES--(BUSINESS WIRE)-- Legion Partners Asset Management, LLC (together with its affiliates, Legion Partners or we), which collectively with the other participants in its solicitation beneficially owns approximately 5.9% of the outstanding common shares of Genesco, Inc. (NYSE: GCO) (Genesco or the Company), today issued the below open letter to shareholders regarding the... More