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| EXHIBIT 10.27 |
January 16, 2023
Peter Gray
[Address Omitted]
Dear Peter,
We are pleased to confirm the compensation details for your new role as Chief Commercial Officer, Chief Administrative Officer and General Counsel, which title change shall be effective January 28, 2023. In this role, you will report to me. Your Home Office remains Dodgeville, WI. We all believe the future of Lands' End will provide us with many opportunities for growth and the company is well positioned for continued success.
The following outlines the changes to your compensation package:
We all think highly of you and believe there will be opportunity to leverage your knowledge, experience, and leadership as we continue to grow as a trusted American lifestyle brand.
Sincerely, |
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/s/ Andrew McLean |
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| /s/ Peter L. Gray |
Andrew McLean |
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| Agreed and Accepted |
CEO - Designate |
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| Peter Gray |