The Radoff-Jumana Group Releases Presentation Detailing How the Genesco Inc. Board of Directors Appears to Be Beholden to Chair, President, CEO and Interim CFO Mimi Vaughn
Highlights That Legacy Directors Thurgood Marshall, Jr. and Joanna Barsh Have Served for 13 and 14 Years, Respectively, During Which Time They’ve Overseen -50% TSR and Faced Three Activist Campaigns
Criticizes the Board’s Decision to Hire a Permanent CFO from a Financially Distressed Microcap Company That Has Seen its Share Price Decline by More Than 95%
Urges Shareholders to Elect Westervelt T. Ballard, Jr., a Former Public Company CEO, and Paula J. Poskon, an Experienced Public Company Director, to Genesco’s Board to Introduce Accountability
Bradley L. Radoff, Jumana Capital Investments LLC and Christopher R. Martin (collectively, the “Radoff-Jumana Group” or “we”), who collectively own approximately 8.7% of the outstanding shares of Genesco Inc. (NYSE: GCO) (“Genesco” or the “Company”), today released a presentation detailing why it believes that shareholders should remove legacy over-tenured directors Thurgood Marshall, Jr. and Joanna Barsh from the Company’s Board of Directors (the “Board”).






