Leadership changes at Birks Group (BGI) as CEO exits role
Rhea-AI Filing Summary
Birks Group Inc. reported that President, CEO, and Director Jean-Christophe Bédos will step down from all these roles effective August 29, 2025, while continuing to support the company in an advisory capacity during the leadership transition. An executive search for a new President and CEO will be conducted, and Executive Chairman Niccolò Rossi di Montelera has been appointed Interim CEO. Director Davide Barberis Canonico has been appointed Interim President and Chief Operating Officer.
Mr. Bédos will receive severance payments totaling $800,000, paid over 30 months from September 1, 2025 to February 29, 2028, along with continued group health, dental, and life insurance coverage over the same period. He has also entered into a consulting agreement to provide advisory services for an additional $400,000, also payable over 30 months starting September 1, 2025. In his new role, Mr. Barberis Canonico will be entitled to fees and expense reimbursements of up to $25,000 per month.
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Insights
Birks Group discloses CEO transition with defined interim leadership and contractual payouts.
The company is undergoing a significant leadership change as Jean-Christophe Bédos steps down as President, CEO, and Director effective August 29, 2025, while remaining as an advisor. Governance continuity is addressed by appointing Executive Chairman Niccolò Rossi di Montelera as Interim CEO and Director Davide Barberis Canonico as Interim President and Chief Operating Officer while a search for a new CEO is conducted.
The compensation terms are clearly structured: Mr. Bédos receives