Chewy Appoints New Chief Legal Officer, CLO Departs

TL;DR

Chewy's CLO is out, new CLO in with $450k salary + bonus. 7/18/24.

AI Summary

Chewy, Inc. announced on July 18, 2024, the departure of its Chief Legal Officer, Niki M. Lawson. The company also appointed David L. Reuter as the new Chief Legal Officer, effective July 22, 2024. Reuter will receive an annual base salary of $450,000 and is eligible for a discretionary annual bonus.

Why It Matters

A change in key executive leadership, particularly the Chief Legal Officer, can signal shifts in the company's legal strategy or risk management approach.

Risk Assessment

Risk Level: medium — Changes in executive leadership, especially for a critical role like Chief Legal Officer, can introduce uncertainty regarding future legal strategies and compliance.

Key Numbers

• $450,000 — New CLO Salary (Annual base salary for David L. Reuter.)

Key Players & Entities

• Chewy, Inc. (company) — The company filing the report.
• Niki M. Lawson (person) — Departing Chief Legal Officer.
• David L. Reuter (person) — Appointed Chief Legal Officer.
• $450,000 (dollar_amount) — Annual base salary for the new Chief Legal Officer.

FAQ

Key Financial Figures

• $0.01 — stered Class A Common Stock, par value $0.01 per share CHWY New York Stock Exchange

Filing Documents

• chwy-20240718.htm (8-K) — 29KB
• 0001766502-24-000032.txt ( ) — 152KB
• chwy-20240718.xsd (EX-101.SCH) — 2KB
• chwy-20240718_lab.xml (EX-101.LAB) — 22KB
• chwy-20240718_pre.xml (EX-101.PRE) — 13KB
• chwy-20240718_htm.xml (XML) — 3KB

02

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 18, 2024, Stacy Bowman notified Chewy, Inc. (the "Company") that she will be resigning from her position as the Company's Chief Accounting Officer ("CAO") and principal accounting officer ("PAO"). Ms. Bowman's resignation was not a result of any disagreement with the Company on any matter related to its operations, policies, practices, financial disclosures, or accounting matters. On July 22, 2024, the Board of Directors of the Company (the "Board") approved the appointment of David Reeder, age 49, as the Company's CAO and PAO on an interim basis. Mr. Reeder will assume all responsibilities and duties of the Company's CAO and PAO, effective as of July 22, 2024, while Ms. Bowman will remain at the Company until August 9, 2024 to assist in the transition of her responsibilities and duties. Mr. Reeder will also continue to serve as the Company's Chief Financial Officer and principal financial officer, positions which he has held since February 2024. Mr. Reeder's compensation will not change in connection with his increased responsibilities. Information regarding Mr. Reeder's background is included in the Company's Annual Report on Form 10-K for the fiscal year ended January 28, 2024 filed with the Securities and Exchange Commission on March 20, 2024 , and such information is incorporated herein by reference. Mr. Reeder's appointment as interim CAO and PAO was not pursuant to any arrangement or understanding between him and any other person. There are no familial relationships or related party transactions with the Company that would require disclosure under Items 401(d) or 404(a) of Regulation S-K in connection with his appointment.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CHEWY, INC. Date: July 22, 2024 By: /s/ Da-Wai Hu Da-Wai Hu General Counsel and Secretary