secwatch.observer — SEC 8-K summary
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Issuer:     ROSS STORES, INC. (ROST)
CIK:        0000745732
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0000745732-25-000049
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745732/000074573225000049/0000745732-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745732/000074573225000049/rost-20250828.htm
  HTML page:      https://secwatch.observer/filing/0000745732-25-000049

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