Kate Spade & Co. on Wednesday filed a preliminary proxy statement with the Securities and Exchange Commission.
The filing, a Form PRE 14A, said the company has scheduled its annual shareholders’ meeting on May 19, 2016, at 10:00 a.m. at its offices in North Bergen, N.J.
The form also listed chief executive officer Craig A. Leavitt’s compensation for the 2015 fiscal year, which included a 6.9 percent gain in the base salary to $1.5 million from $1.4 million. Total compensation fell 60.4 percent to $10.4 million from $26.2 million. The bulk of that difference was due to stock awards, which totaled nearly $5.3 million in 2015 versus nearly $20.8 million in 2014.
All 10 members of the company’s board are up for re-election. The company back in 2010, per shareholder approval of an amendment to the firm’s Certificate of Incorporation, eliminated the classified board.