INFORMATION CONTAINED IN THIS FORM 6-K REPORT
On August 26, 2025, Birks Group Inc. (the “Company”) issued a press release announcing that Mr. Jean-Christophe Bédos,
the Company’s President and CEO and Director, is stepping down as President and CEO and Board Director of the Company, effective August 29, 2025, and that Mr. Bédos will continue to support the Company in an advisory capacity
during the leadership transition.
An executive search for a new President and CEO will take place in due course. In the interim, Mr. Niccolò
Rossi di Montelera, in addition to being the Company’s Executive Chairman of the Board, was appointed as Interim CEO. In addition, Mr. Davide Barberis Canonico, a member of the Company’s Board of Directors, was appointed Interim
President and Chief Operating Officer.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
In connection with Mr. Bédos’ departure, he will receive severance payments in an aggregate amount of $800,000, payable over 30 months
during the period from September 1, 2025 to February 29, 2028 and will benefit from group health, dental and life insurance coverage over the same 30-month period. Mr. Bédos has also entered into a consulting agreement with the Company,
effective September 1, 2025, to provide advisory services to the Company in exchange for an aggregate amount of $400,000, payable over the same 30-month period.
In connection with Mr. Barberis Canonico’s appointment as Interim President and Chief Operating Officer, effective August 30, 2025, Mr. Canonico will be
entitled to receive certain fees and reimbursement of certain expenses incurred in connection with his new role of up to a total amount of $25,000 per month.
The information included in this Form 6-K shall not be deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act other than this Form 6-K, except
as shall be expressly set forth by specific reference in such filing to this Form 6-K.
The inclusion of any
website address herein, including in any exhibit attached hereto, is intended to be an inactive textual reference only and not an active hyperlink. The information contained in, or that can be accessed through, each such website is not part of this
Form 6-K or incorporated herein.
EXHIBIT INDEX
|
|
|
| Exhibit Number |
|
Description |
|
|
| Exhibit 99.1 |
|
Press release dated August 26, 2025 |
