Ross Stores promotes Karen Fleming to President and CMO of dd's DISCOUNTS effective April 1, 2024

ROSS STORES, INC.

Karen Fleming promoted to President and Chief Merchandising Officer of dd's DISCOUNTS, effective April 1, 2024, reporting to CEO Barbara Rentler.
She succeeds Brian Morrow, who will transition to a consultant role effective April 1, 2024.
Fleming's employment agreement includes $900,000 annual salary, 100% target bonus, and $500,000 restricted stock award vesting March 23, 2029.
Fleming previously served as Group EVP of Merchandising at dd's since September 2023, with 20+ years at Ross Dress for Less.
CEO Rentler cited Fleming's deep off-price knowledge benefiting dd's long-term growth.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Brian Morrow

President, Chief Merchandising Officer – dd’s DISCOUNTS

ROST · ROSS STORES, INC.

Effective: 2024-04-01
Successor: Karen Fleming
Filed: January 31, 2024, 6:59 PM ET

Mr. Morrow will transition to a consultant role effective April 1, 2024.

Appointed

Karen Fleming

President, Chief Merchandising Officer – dd’s DISCOUNTS

ROST · ROSS STORES, INC.

Effective: 2024-04-01
Filed: January 31, 2024, 6:59 PM ET

On January 30, 2024, Ross Stores, Inc. (the “Company”) and Karen Fleming agreed on her promotion to the position of President, Chief Merchandising Officer – dd’s DISCOUNTS, with an expected start date in her new position of April 1, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Morrow changed role as President, Chief Merchandising Officer – dd’s DISCOUNTS at ROSS STORES, INC..

Action: transitioned
Role: President, Chief Merchandising Officer – dd’s DISCOUNTS

Exact text from the filing

Mr. Morrow will transition to a consultant role effective April 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karen Fleming was appointed as President, Chief Merchandising Officer – dd’s DISCOUNTS at ROSS STORES, INC..

Action: promoted
Role: President, Chief Merchandising Officer – dd’s DISCOUNTS

Exact text from the filing

On January 30, 2024, Ross Stores, Inc. (the “Company”) and Karen Fleming agreed on her promotion to the position of President, Chief Merchandising Officer – dd’s DISCOUNTS, with an expected start date in her new position of April 1, 2024

View on SEC.gov

ROSS STORES, INC. filing history →

Source: SEC EDGAR

accession 0000745732-24-000003

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