---
schema_version: "secwatch.filing_event.v1"
accession: "0000745732-24-000003"
form_type: "8-K"
ticker: "ROST"
cik: "0000745732"
company_name: "ROSS STORES, INC."
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:20:49.455527+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000745732-24-000003
- form_type: 8-K
- ticker: ROST
- cik: 0000745732
- company_name: ROSS STORES, INC.
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745732/000074573224000003/0000745732-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745732/000074573224000003/rost-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000745732-24-000003
- JSON: https://secwatch.observer/filing/0000745732-24-000003.json
- Plain text: https://secwatch.observer/filing/0000745732-24-000003.txt

## Key facts
- Executive change
  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
  source text: Mr. Morrow will transition to a consultant role effective April 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/745732/000074573224000003/0000745732-24-000003-index.htm
- Executive change
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/745732/000074573224000003/0000745732-24-000003-index.htm

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