APPOINTMENT OF VICE PRESIDENT
AND CHIEF OMNI-CHANNEL SALES AND MARKETING OFFICER
On November 4, 2019, Birks Group Inc. (the Company) entered into an employment agreement (the Agreement) with
Ms. Lanita Layton. Effective October 8, 2019, Ms. Layton assumed the role of the Companys Vice President and Chief Omni-Channel Sales and Marketing Officer.
Ms. Layton has over 20 years of experience in luxury brand management. She was recently the Managing Director of Hugo Boss, Canada where
she was responsible for Hugo Boss Canadian retail and wholesale operations, marketing, visual merchandising, store and shop location and leasing, as well as the distribution centre and logistics. Ms. Layton had been with Hugo Boss since
2011 and prior thereto, she was at Holt Renfrew & Co from 2001 to 2011 in various positions, including Vice President, Strategic Initiatives and Vice President & General Manager, Menswear, Gift and Gourmet. Prior to Holt Renfrew,
Ms. Layton worked at Les Ailes de la Mode in Montreal for 6 years.
The Agreement provides Ms. Layton with a base salary of
CDN$250,000, a minimum guaranteed bonus of $37,500 for fiscal year ending March 28, 2020, a target annual cash bonus of 40% of her annual base salary for fiscal year 2020 and thereafter and other health and retirement contribution benefits. In
the event that Ms. Layton is terminated without cause or resigns for good reason, as these terms are defined in the Agreement, the Agreement provides that Ms. Layton will receive (i) any earned and accrued but
unpaid base salary, (ii) up to six months of salary continuation in lieu of further salary or severance payments, which may be increased by one additional month after one year of service for each additional year of service thereafter up to a
maximum of twelve months after seven years of service, (iii) certain health benefits for the period that the severance will be payable in (ii), and (iv) her bonus through the date of termination and an average annual bonus payable over the
period that the severance will be payable in (ii). Ms. Layton is prohibited from competing with the Company during her employment and for a period of twelve months thereafter.
In addition, there are no family relationships between Ms. Layton and any director or other executive officer of the Company and there
are no related party transactions between the Company and Ms. Layton.
The following document of the Registrant is submitted herewith:
99.1 Press Release dated November 6, 2019.