secwatch.observer — SEC 8-K summary
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Issuer:     ROSS STORES, INC. (ROST)
CIK:        0000745732
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0000745732-24-000052
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ross Stores names Boot Barn CEO James Conroy as next CEO; Barbara Rentler to step down
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745732/000074573224000052/0000745732-24-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745732/000074573224000052/rost-20241028.htm
  HTML page:      https://secwatch.observer/filing/0000745732-24-000052

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