---
schema_version: "secwatch.filing_event.v1"
accession: "0000745732-22-000042"
form_type: "8-K"
ticker: "ROST"
cik: "0000745732"
company_name: "ROSS STORES, INC."
filed_at: "2022-07-14T23:59:59+00:00"
generated_at: "2026-06-24T15:30:14.976805+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ross Stores extends President/CMO Brian Morrow's term to 2026 with transition to consultant role

## Summary
- Morrow remains President/CMO - dd's through March 31, 2024, then transitions to Consultant through March 31, 2026.
- Base salary at least $1,038,500 plus target bonus of 100% of salary as President/CMO; receives $1.5M restricted stock award.
- As Consultant, salary is 50% of final salary, target bonus 100% of reduced salary, and continues vesting in equity awards.
- If employed through March 2026 or terminated without cause, Morrow and spouse receive 8 years of medical/dental/vision coverage.

## SEC filing metadata
- accession: 0000745732-22-000042
- form_type: 8-K
- ticker: ROST
- cik: 0000745732
- company_name: ROSS STORES, INC.
- filed_at: 2022-07-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745732/000074573222000042/0000745732-22-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745732/000074573222000042/rost-20220711.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000745732-22-000042
- JSON: https://secwatch.observer/filing/0000745732-22-000042.json
- Plain text: https://secwatch.observer/filing/0000745732-22-000042.txt

## Key facts
- Executive change
  Brian Morrow changed role as President and Chief Merchandising Officer – dd's at ROSS STORES, INC..
  - Action: will transition
  - Role: President and Chief Merchandising Officer – dd's
  source text: The Agreement contemplates that Mr. Morrow will continue to serve in his current position as President and CMO – dd's through March 31, 2024, and will then transition to the position of Consultant and cease to serve as President and CMO – dd's for the remainder of his employment term.
  evidence_url: https://www.sec.gov/Archives/edgar/data/745732/000074573222000042/0000745732-22-000042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.