Vera Bradley CFO Departs; New Directors Elected
Ticker: VRA · Form: 8-K · Filed: Feb 10, 2025 · CIK: 1495320
Sentiment: neutral
Topics: management-change, board-composition, cfo-departure
TL;DR
Vera Bradley CFO out, interim CFO in. Two new board members join.
AI Summary
Vera Bradley, Inc. announced on February 7, 2025, the departure of Chief Financial Officer, Beatrice Miller, effective February 10, 2025. Concurrently, the company appointed Judy M. Smith as interim CFO. The company also announced the election of two new directors, Anne M. Finucane and Jeffrey A. Boyer, to its Board of Directors, effective February 7, 2025.
Why It Matters
Changes in key financial leadership and board composition can signal strategic shifts or governance adjustments that may impact investor confidence and future company performance.
Risk Assessment
Risk Level: medium — Changes in CFO and board composition can introduce uncertainty regarding financial strategy and governance.
Key Players & Entities
- Vera Bradley, Inc. (company) — Registrant
- Beatrice Miller (person) — Departing Chief Financial Officer
- February 10, 2025 (date) — Effective date of CFO departure
- Judy M. Smith (person) — Appointed Interim Chief Financial Officer
- Anne M. Finucane (person) — Elected Director
- Jeffrey A. Boyer (person) — Elected Director
- February 7, 2025 (date) — Effective date of director election
FAQ
Who has been appointed as the interim Chief Financial Officer for Vera Bradley, Inc.?
Judy M. Smith has been appointed as the interim Chief Financial Officer.
When is Beatrice Miller's departure as CFO effective?
Beatrice Miller's departure as CFO is effective February 10, 2025.
Who are the new directors elected to Vera Bradley's Board?
Anne M. Finucane and Jeffrey A. Boyer have been elected as new directors.
What is the effective date for the election of the new directors?
The election of the new directors is effective February 7, 2025.
What is the principal executive office address for Vera Bradley, Inc.?
The principal executive offices are located at 12420 Stonebridge Road, Roanoke, Indiana 46783.
Filing Stats: 697 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2025-02-10 08:27:18
Key Financial Figures
- $49,500 — n annual cash retainer in the amount of $49,500, annual retainers for committee service
- $85,000 — an annual equity grant with a value of $85,000. On February 10, 2025, the Company an
Filing Documents
- vra-20250207.htm (8-K) — 32KB
- ex-9912025210.htm (EX-99.1) — 15KB
- verabradleyinclogo.jpg (GRAPHIC) — 4KB
- 0001495320-25-000002.txt ( ) — 179KB
- vra-20250207.xsd (EX-101.SCH) — 2KB
- vra-20250207_lab.xml (EX-101.LAB) — 21KB
- vra-20250207_pre.xml (EX-101.PRE) — 12KB
- vra-20250207_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits 99.1 Press Release Dated February 10, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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 thereunto duly authorized. Vera Bradley, Inc. (Registrant) Date: February 10, 2025 /s/ Mark C. Dely Mark C. Dely Chief Administrative Officer