Ross Stores Reports Director/Officer Changes & Compensation

Ticker: ROST · Form: 8-K · Filed: 2025-02-20T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, officer-changes

Related Tickers: ROSS

TL;DR

ROSS board shakeup and exec comp details filed.

AI Summary

Ross Stores, Inc. filed an 8-K on February 20, 2025, reporting events as of February 13, 2025. The filing primarily concerns the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes Regulation FD disclosures and financial statements/exhibits.

Why It Matters

Changes in a company's board of directors and executive officers, along with details on their compensation, can signal shifts in strategy or governance that may impact future performance.

Risk Assessment

Risk Level: low — This filing primarily reports on routine corporate governance matters and executive appointments/departures, which typically carry low immediate risk.

Key Numbers

Key Players & Entities

FAQ

What specific changes occurred regarding directors or officers?

The filing indicates events related to the departure of directors or certain officers, the election of directors, and the appointment of certain officers.

Are there any details on executive compensation arrangements?

Yes, the filing explicitly mentions 'Compensatory Arrangements of Certain Officers' as an item of disclosure.

What is the date of the earliest event reported in this 8-K?

The date of the earliest event reported is February 13, 2025.

What is the company's principal executive office address?

The principal executive offices are located at 5130 Hacienda Drive, Dublin, California 94568.

Does this filing include any financial statements or exhibits?

Yes, the filing explicitly lists 'Financial Statements and Exhibits' as part of its contents.

From the Filing

0000745732-25-000003.txt : 20250220 0000745732-25-000003.hdr.sgml : 20250220 20250220163208 ACCESSION NUMBER: 0000745732-25-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250213 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250220 DATE AS OF CHANGE: 20250220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROSS STORES, INC. CENTRAL INDEX KEY: 0000745732 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 941390387 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14678 FILM NUMBER: 25645954 BUSINESS ADDRESS: STREET 1: 5130 HACIENDA DRIVE CITY: DUBLIN STATE: CA ZIP: 94568 BUSINESS PHONE: 9259654400 MAIL ADDRESS: STREET 1: 5130 HACIENDA DRIVE CITY: DUBLIN STATE: CA ZIP: 94568 FORMER COMPANY: FORMER CONFORMED NAME: ROSS STORES INC DATE OF NAME CHANGE: 19920703 8-K 1 rost-20250213.htm 8-K rost-20250213 FALSE 0000745732 0000745732 2025-02-20 2025-02-20 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form  8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (date of earliest event reported): February 13, 2025 ROSS STORES, INC. (Exact name of registrant as specified in its charter) Delaware 0-14678 94-1390387 (State or other jurisdiction of incorporation) (Commission File No.) (I.R.S. Employer Identification No.) 5130 Hacienda Drive , Dublin , California 94568 (Address of principal executive offices) Registrant’s telephone number, including area code: ( 925 ) 965-4400 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of each exchange on which registered Common stock, par value $.01 ROST Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 1 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (c) On February 20, 2025, Ross Stores, Inc. (the “Company”) announced that Adam Orvos plans to retire from his role as Chief Financial Officer and from his employment with the Company, effective on September 30, 2025. The Company also announced that William Sheehan has been appointed as Deputy Chief Financial Officer, effective on February 16, 2025, and is expected to succeed Mr. Orvos as Chief Financial Officer on or about October 1, 2025. Mr. Sheehan, 56, continues to also serve as Group Senior Vice President, Finance, a position he has held since March 2021. Mr. Sheehan pr

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