Ross Stores names Boot Barn CEO James Conroy as next CEO; Barbara Rentler to step down
ROSS STORES, INC.
James Conroy appointed CEO effective Feb 2, 2025; will join as CEO-Elect on Dec 2, 2024 and elected to Board.
Conroy was President & CEO of Boot Barn since 2012; Barbara Rentler steps down as CEO on Feb 1, 2025, becomes Senior Advisor through March 2027.
Conroy receives base salary of at least $1.45M, target bonus 200% of salary, and equity awards with total notional value ~$40.2M ($8M performance-vesting RSU + $32.2M time-vesting RSU).
Also receives $7.625M sign-on bonus (1-year clawback) and $800K relocation bonus; prior CEO Rentler to advise through March 2027.
Ms. Rentler will cease to serve as CEO and will no longer be an executive officer of the Company, effective as of the end of the current fiscal year (February 1, 2025)
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
James G. Conroy was elected as Director at ROSS STORES, INC..
Action
elected
Role
Director
Exact text from the filing
Mr. Conroy has also been elected as a member of the Board, effective on his first day of employment with the Company.
Barbara Rentler departed as Chief Executive Officer at ROSS STORES, INC..
Action
cease to serve
Role
Chief Executive Officer
Exact text from the filing
Ms. Rentler will cease to serve as CEO and will no longer be an executive officer of the Company, effective as of the end of the current fiscal year (February 1, 2025)
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