---
schema_version: "secwatch.filing_event.v1"
accession: "0000768899-23-000122"
form_type: "8-K"
ticker: "TBI"
cik: "0000768899"
company_name: "TrueBlue, Inc."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T03:01:04.173814+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TrueBlue promotes Carl Schweihs to CFO; Derrek Gafford departing after nearly two decades.

## Summary
- Carl Schweihs, current EVP & President of PeopleManagement, appointed CFO effective Oct 30, 2023.
- Derrek Gafford to leave after nearly 20 years; will advise through Dec 31, 2023.
- Schweihs compensation: base salary $550k, target bonus 75% of base, equity target 175% of base.
- Jerry Wimer named Acting President of PeopleManagement.
- Gafford severance: 18 months severance, accelerated vesting, COBRA paid for 24 months.

## SEC filing metadata
- accession: 0000768899-23-000122
- form_type: 8-K
- ticker: TBI
- cik: 0000768899
- company_name: TrueBlue, Inc.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/768899/000076889923000122/0000768899-23-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/768899/000076889923000122/tbi-20231005.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000768899-23-000122
- JSON: https://secwatch.observer/filing/0000768899-23-000122.json
- Plain text: https://secwatch.observer/filing/0000768899-23-000122.txt

## Key facts
- Executive change
  Derrek Gafford departed as Executive Vice President and Chief Financial Officer at TrueBlue, Inc..
  - Action: departed
  - Role: Executive Vice President and Chief Financial Officer
  source text: Mr. Gafford will continue to serve as the Company’s Executive Vice President and Chief Financial Officer until October 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/768899/000076889923000122/0000768899-23-000122-index.htm
- Executive change
  Carl Schweihs was appointed as Executive Vice President and Chief Financial Officer at TrueBlue, Inc..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: Carl Schweihs, currently Executive Vice President and President of the Company’s PeopleManagement Division, will become Executive Vice President and Chief Financial Officer of the Company, succeeding Derrek Gafford, effective October 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/768899/000076889923000122/0000768899-23-000122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.