Research Reports

Key takeaways

Daniel L. Karpel, age 55, was appointed Chief Financial Officer on May 20, 2026, after serving as interim CFO since January 21, 2026.

Mr. Karpel will receive an annual base salary of $550,000 and a target annual cash incentive of 65% of his base salary.

In connection with his appointment, Mr. Karpel will receive a one-time $100,000 payment for interim service, a $350,000 restricted stock award, and performance stock awards with target values of $550,000 and $385,000.

The Company will enter into an Executive Severance Agreement with Mr. Karpel on substantially the same terms as the form filed with its 2025 10-K.

Full analysis

Caleres, Inc. announced the permanent appointment of Daniel L. Karpel as Senior Vice President and Chief Financial Officer, effective May 20, 2026. Mr. Karpel, age 55, had been serving as interim CFO since January 21, 2026, and previously rejoined the company as Chief Accounting Officer in 2025. He brings over 30 years of finance and accounting experience, including prior tenure at Caleres from 2008 to 2016 where he served as Chief Accounting Officer. His appointment solidifies the company's financial leadership. In connection with the appointment, Mr. Karpel's compensation includes a $550,000 base salary, a 65% target bonus, a $100,000 interim service payment, and equity awards with a combined target value of $1,285,000. The company will also enter into an Executive Severance Agreement with him on standard terms.

CAL · Caleres, Inc.

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Full analysis