Chewy Announces Board Changes and Executive Compensation Updates

Ticker: CHWY · Form: 8-K · Filed: 2025-04-25T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-of-directors

Related Tickers: CHWY

TL;DR

Chewy's board is shuffling, exec pay is changing. Watch this space.

AI Summary

Chewy, Inc. announced on April 24, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.

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 executive and board composition can introduce uncertainty regarding future strategic direction and operational stability.

Key Players & Entities

FAQ

What specific roles have seen departures or appointments within Chewy's executive team?

The filing indicates the departure of certain officers and the election of new directors, but does not specify the exact roles affected in this excerpt.

When did the reported changes in directors and officers take effect?

The earliest event reported, including changes in directors or officers, occurred on April 24, 2025.

Are there any details provided about the new compensatory arrangements for Chewy's officers?

The filing mentions 'Compensatory Arrangements of Certain Officers' as an item of disclosure, indicating such arrangements are part of the report, but specific details are not in this excerpt.

What is Chewy, Inc.'s state of incorporation?

Chewy, Inc. is incorporated in Delaware.

What is Chewy's principal executive office address?

Chewy's principal executive offices are located at 7700 West Sunrise Boulevard, Plantation, Florida 33322.

From the Filing

0001193125-25-096774.txt : 20250425 0001193125-25-096774.hdr.sgml : 20250425 20250425161038 ACCESSION NUMBER: 0001193125-25-096774 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250424 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250425 DATE AS OF CHANGE: 20250425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Chewy, Inc. CENTRAL INDEX KEY: 0001766502 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] ORGANIZATION NAME: 07 Trade & Services EIN: 901020167 FISCAL YEAR END: 0202 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38936 FILM NUMBER: 25874047 BUSINESS ADDRESS: STREET 1: 7700 WEST SUNRISE BOULEVARD CITY: PLANTATION STATE: FL ZIP: 33322 BUSINESS PHONE: 786-320-7111 MAIL ADDRESS: STREET 1: 7700 WEST SUNRISE BOULEVARD CITY: PLANTATION STATE: FL ZIP: 33322 8-K 1 d924422d8k.htm 8-K 8-K false 0001766502 0001766502 2025-04-24 2025-04-24     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): April 24, 2025     CHEWY, INC. (Exact Name of Registrant as Specified in Its Charter)       Delaware   001-38936   90-1020167 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   7700 West Sunrise Boulevard Plantation , Florida     33322 (Address of Principal Executive Offices)     (Zip Code) (786) 320-7111 (Registrant’s Telephone Number, Including Area Code) N/A (Former Name or Former Address, if Changed Since Last Report)     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:   ☐ 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(s)   Name of each exchange on which registered Class A Common Stock, par value $0.01 per share   CHWY   New York Stock Exchange 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. ☐       Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 24, 2025, the board of directors (the “Board”) of Chewy, Inc. (the “Company”) increased the size of the Board from thirteen to fourteen directors and filled the newly created vacancy by appointing Dr. Nat Goldhaber (the “New Director”) as a Class I director, with a term expiring at the Company’s annual meeting of stockholders in 2026. The Board has determined that Dr. Goldhaber is independent for pur

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