Ross Stores names Stephen Brinkley as President, Operations, effective Oct 30, 2023
ROSS STORES, INC.
Brinkley will report to Group President & COO Michael Hartshorn; responsibilities include Property Development, Stores, Supply Chain.
Annual salary of at least $1,050,000; target bonus 100% of salary; initial RSU award with notional value of $6M vesting over 4 years.
Sign-on bonus of $1,350,000 and $1,000,000 hiring bonus to offset forfeited equity; relocation bonus of $1,500,000 and $20K/month housing allowance for 12 months.
Employment term through March 31, 2027 with standard severance/change-in-control provisions.
Brinkley has 25+ years retail operations experience, most recently as President of SportChek (Canadian Tire subsidiary).
On September 29, 2023, Stephen Brinkley accepted an offer from Ross Stores, Inc. (the “Company”) to join the Company as its President, Operations, with an expected start date of October 30, 2023.
Key facts
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Executive changeSEC 8-K Item 5.02confidence 1.0
Stephen Brinkley was appointed as President, Operations at ROSS STORES, INC..
Action
appointed
Role
President, Operations
Exact text from the filing
On September 29, 2023, Stephen Brinkley accepted an offer from Ross Stores, Inc. (the “Company”) to join the Company as its President, Operations, with an expected start date of October 30, 2023.
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