Torrid Holdings Inc. Elects New Directors, Renews CFO Agreement
Ticker: CURV · Form: 8-K · Filed: Oct 7, 2024 · CIK: 1792781
| Field | Detail |
|---|---|
| Company | Torrid Holdings INC. (CURV) |
| Form Type | 8-K |
| Filed Date | Oct 7, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $1,400,000, $3,600,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, management-changes
Related Tickers: CURV
TL;DR
Torrid just swapped out some board members and locked down their CFO with a new deal. Big changes coming?
AI Summary
Torrid Holdings Inc. announced on October 4, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Lisa M. Davis and Tiffany L. Smith, to its Board of Directors. Additionally, the company entered into a new employment agreement with its Chief Financial Officer, Jonathan M. Ramaciotti, effective October 4, 2024.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive agreements can indicate internal shifts that may affect the company's future direction and stability.
Key Players & Entities
- Torrid Holdings Inc. (company) — Registrant
- Lisa M. Davis (person) — Newly Elected Director
- Tiffany L. Smith (person) — Newly Elected Director
- Jonathan M. Ramaciotti (person) — Chief Financial Officer
- October 4, 2024 (date) — Effective date of board changes and CFO agreement
FAQ
Who were the new directors elected to Torrid Holdings Inc.'s Board?
Lisa M. Davis and Tiffany L. Smith were elected as new directors to the Board of Directors of Torrid Holdings Inc.
When did the changes in directors and the CFO's employment agreement become effective?
The changes reported, including the election of new directors and the new employment agreement for the CFO, became effective on October 4, 2024.
What is the role of Jonathan M. Ramaciotti at Torrid Holdings Inc.?
Jonathan M. Ramaciotti is the Chief Financial Officer of Torrid Holdings Inc. and has a new employment agreement.
What specific items are being reported in this Form 8-K filing?
This Form 8-K reports the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, along with financial statements and exhibits.
In which state is Torrid Holdings Inc. incorporated?
Torrid Holdings Inc. is incorporated in Delaware.
Filing Stats: 647 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-10-04 18:25:29
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 CURV New York Stock Exchange Indicate
- $1,400,000 — n benefits: (i) a cash payment equal to $1,400,000, payable in equal installments over the
- $3,600,000 — nt Date"); (ii) a cash payment equal to $3,600,000, payable in a lump sum on the Payment D
Filing Documents
- thi-20241004.htm (8-K) — 26KB
- 0001628280-24-042344.txt ( ) — 146KB
- thi-20241004.xsd (EX-101.SCH) — 2KB
- thi-20241004_lab.xml (EX-101.LAB) — 21KB
- thi-20241004_pre.xml (EX-101.PRE) — 12KB
- thi-20241004_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TORRID HOLDINGS INC. By: /s/ Bridgett C. Zeterberg Name: Bridgett C. Zeterberg Title: Chief Human Resources Officer, Chief Legal Officer and Corporate Secretary Date: October 4, 2024