Ross Stores appoints William Sheehan as CFO, replacing retiring Adam Orvos effective Oct 1

ROSS STORES, INC.

Adam Orvos retires as CFO on Sep 30, 2025; William Sheehan succeeds as EVP and CFO on Oct 1, 2025.
Sheehan, 56, had been Deputy CFO since Feb 2025; joined Ross in 2006 as VP, Corporate Controller.
New employment agreement: base salary $775k, target bonus 75% of salary, restricted stock award $1.2M vesting Sep 14, 2029.
Sheehan's initial term runs through March 31, 2029, renewable by mutual agreement.

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