Exhibit 10.1
Kyle Standring Polischuk
Chief Human Recources Officer
Genesco Inc.
535 Marriott Drive,
Nashville, Tennessee 37214
Certain identified information has been excluded from this exhibit because it is both not material and is the type that the registrant treats as private or confidential. Omitted information is indicated by [*].
August 5, 2026
Parag D. Desai
[*]
[*]
[*]
Dear Parag:
This will memorialize our agreement regarding your change in role, as well as your future retirement from Genesco Inc. (the “Company”).
This letter outlines both parties' mutual understanding regarding compensation and equity treatment during the transition period and following retirement. This letter agreement (the “Agreement”) is intended to ensure that compensation related to services already performed, transition responsibilities requested by the Company, and outstanding incentive awards is administered consistently with the parties’ agreement and the applicable compensation programs.
Transition to Part-Time Employment. Effective August 7, 2026, your employment will transition from full-time to part-time status and you will no longer be an executive officer of the Company for purposes of Section 16 of the Securities Exchange Act of 1934 and the Company’s governance documents, but will continue as a part-time employee in your role as Senior Vice President and Chief Strategy and Digital Officer solely for transition purposes until your retirement on October 31, 2026 (the “Part-Time Period”).
Part-Time Compensation. We anticipate that during the Part-Time Period, you will work approximately one day per week, either in-person or virtually, with a focus on transitioning your responsibilities, onboarding our new Chief Financial Officer, and transitioning external relationships. During the Part-Time Period, your base salary will be adjusted to $10,000 per month, which shall compensate you for up to thirty-two hours of services per month and shall not be reduced if the Company requests fewer than thirty-two hours in a particular month. In the event additional hours are required, we will adjust your base salary pro rata.
