01—Abstract
Summary
Summary of the 8-K filed January 15, 2026. Cited figures are marked; the original filing is the authoritative source.
Ralph Lauren Corporation filed this Form 8-K on January 15, 2026 to report the election of Cesar Conde as a Class B director, effective January 15, 2026.
Mr. Conde, Chairman of NBCUniversal News Group, will serve until the 2026 Annual Meeting of Stockholders or until his successor is elected and qualified. In connection with his election, the Board increased its size from eleven members to twelve. The filing states that Mr. Conde was elected to the Board by the directors who were themselves elected by the holders of the Class B Common Stock at the last annual meeting.
It also states there are no arrangements or understandings under which he was selected, no related-party transactions reportable under Item 404(a) of Regulation S-K, and that he will receive the same compensation, indemnification and other benefits as other non-employee directors. According to the attached press release (Exhibit 99.1), Mr. Conde holds a B.A. with honors from Harvard University and an M.B.A. from the Wharton School, previously served as President of Univision Networks, and also serves on the boards of Walmart and PepsiCo. Patrice Louvet, President and Chief Executive Officer, said his expertise will be valuable as the company executes its "Next Great Chapter: Drive" strategy.
02—Key points
Key Highlights
- Cesar Conde elected as a Class B director, effective January 15, 2026, serving until the 2026 Annual Meeting of Stockholders
- Board size increased from eleven to twelve members in connection with the appointment
- Mr. Conde is Chairman of NBCUniversal News Group, overseeing NBC News, NBC News NOW, Telemundo Enterprises Group and NBCUniversal Local
- Mr. Conde will receive the same compensation, indemnification and other benefits as other non-employee directors
- The filing states there are no related-party transactions reportable under Item 404(a) of Regulation S-K involving Mr. Conde
- Previously President of Univision Networks; also serves on the boards of Walmart and PepsiCo
- CEO Patrice Louvet said the appointment supports the "Next Great Chapter: Drive" strategy
03—Questions
Frequently Asked Questions
Who was appointed to the Ralph Lauren Board of Directors?
Cesar Conde, Chairman of NBCUniversal News Group, was elected as a Class B director effective January 15, 2026.
How was Mr. Conde selected for the board?
The filing states he was elected by the directors who were themselves elected by the holders of the Class B Common Stock at the last annual meeting, in accordance with the Amended and Restated Certificate of Incorporation. The filing states there are no arrangements or understandings under which he was selected.
How long will Mr. Conde serve?
He will serve until the 2026 Annual Meeting of Stockholders or until his successor is elected and qualified, or his earlier death, resignation or removal.
Does the appointment change the size of the board?
Yes. The Board increased its size from eleven members to twelve members in connection with this election.
What compensation will Mr. Conde receive as a director?
The filing states he will be entitled to the same compensation, indemnification and other benefits as other non-employee directors.
04—Continue