secwatch.observer — SEC 8-K summary
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Issuer:     ROSS STORES, INC. (ROST)
CIK:        0000745732
Form:       8-K
Filed at:   2024-09-10T23:59:59+00:00
Accession:  0000745732-24-000047
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ross Stores promotes Fleming to President/CMO Ross Dress for Less, Sykes to President/CMO dd's DISCOUNTS
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- Karen Fleming promoted to President and CMO of Ross Dress for Less; Karen Sykes promoted to President and CMO of dd's DISCOUNTS.
- Changes effective December 1, 2024; both continue reporting to CEO Barbara Rentler.
- Fleming previously President and CMO of dd's DISCOUNTS; Sykes was EVP Merchandising at Ross.
- New employment agreements extended through March 2029 (Fleming) and March 2028 (Sykes).
- Salaries set at $1.14M (Fleming) and $960K (Sykes); restricted stock awards of $3.5M and $3M respectively.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745732/000074573224000047/0000745732-24-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745732/000074573224000047/rost-20240909.htm
  HTML page:      https://secwatch.observer/filing/0000745732-24-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer