Chewy Announces Executive and Board Changes
Ticker: CHWY · Form: 8-K · Filed: 2025-05-12T00:00:00.000Z
Sentiment: neutral
Topics: executive-changes, board-changes, officer-appointment
Related Tickers: CHWY
TL;DR
Chewy's board is shaking up: McNulty out, Craig in as director, Reilly is new CAO. Comp plans also updated.
AI Summary
Chewy, Inc. announced on May 7, 2025, several key executive and board changes. These include the departure of Director Michael P. McNulty, the election of new Director Pamela A. Craig, and the appointment of David L. Reilly as Chief Accounting Officer. Additionally, the company disclosed compensatory arrangements for certain officers.
Why It Matters
Changes in key leadership and board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes, especially when accompanied by updates to compensation, can introduce uncertainty about future strategy and operational direction.
Key Players & Entities
- Chewy, Inc. (company) — Registrant
- Michael P. McNulty (person) — Departing Director
- Pamela A. Craig (person) — Newly Elected Director
- David L. Reilly (person) — Appointed Chief Accounting Officer
- May 7, 2025 (date) — Date of Earliest Event Reported
FAQ
Who has departed from Chewy's board of directors?
Michael P. McNulty has departed from Chewy's board of directors as of May 7, 2025.
Who has been elected as a new director at Chewy?
Pamela A. Craig has been elected as a new director at Chewy, effective May 7, 2025.
Who has been appointed as the new Chief Accounting Officer?
David L. Reilly has been appointed as the new Chief Accounting Officer for Chewy.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 7, 2025.
What other items are covered in this 8-K filing besides director and officer changes?
This 8-K filing also covers Regulation FD Disclosure and Financial Statements and Exhibits.
From the Filing
0001193125-25-117308.txt : 20250512 0001193125-25-117308.hdr.sgml : 20250512 20250512073933 ACCESSION NUMBER: 0001193125-25-117308 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250507 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: 20250512 DATE AS OF CHANGE: 20250512 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: 25932605 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 d833630d8k.htm 8-K 8-K false 0001766502 0001766502 2025-05-07 2025-05-07     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): May 7, 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 May 7, 2025, David Reeder notified Chewy, Inc. (the “Company”) that he will be resigning from his position as the Company’s Chief Financial Officer and principal financial officer, effective as of a date to be determined, to return to the semiconductor industry as a Chief Executive Officer. Mr. Reeder’s resignation was not a result of any disagree