Caleres promotes Daniel Karpel to permanent CFO with $550K salary, $1.3M equity package

Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read

Key Changes

• high

  Daniel Karpel, interim CFO since January 2026, appointed permanent Chief Financial Officer effective May 20, 2026. Karpel previously served as Chief Accounting Officer at Caleres from 2008-2016 and brings over 30 years of finance experience.

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• medium

  Karpel receives equity awards totaling approximately $1.3M including $350K restricted stock vesting over 2-3 years, $550K performance stock for 2026-2028, and potential $385K three-year stock price incentive award, aligning compensation with long-term shareholder value.

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• low

  CFO compensation set at $550K annual base salary plus target bonus of 65% of base salary (approximately $358K) under the Annual Incentive Plan, plus $100K one-time payment for interim service.

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