Chico's FAS CFO Patrick Guido resigns; David Oliver appointed as new CFO

CHICO'S FAS, INC.

Patrick Guido resigns as EVP and CFO to accept a position closer to family; last day June 23, 2023.
David Oliver appointed EVP, CFO and CAO effective June 24, 2023; previously was SVP – Finance, Controller and CAO.
Oliver's new salary: $425,000; annual bonus target 80% of salary; equity grant of $225,000 (50% RSUs, 50% PSUs).
Oliver previously served as interim CFO from February 2020 to September 2021.
Guido's resignation does not trigger additional compensation beyond existing plans.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Patrick J. Guido

Executive Vice President and Chief Financial Officer

CHICO'S FAS, INC.

Effective: 2023-06-23
Successor: David M. Oliver
Filed: June 12, 2023, 7:59 PM ET

On June 6, 2023, Patrick J. Guido notified Chico’s FAS, Inc. (the “Company”) of his decision to resign from the Company as Executive Vice President and Chief Financial Officer, to accept a position at another company where he can be located closer to his family.

Appointed

David M. Oliver

Executive Vice President, Chief Financial Officer and Chief Accounting Officer

CHICO'S FAS, INC.

Effective: 2023-06-24
Filed: June 12, 2023, 7:59 PM ET

Mr. Guido will be succeeded by David M. Oliver, who has been appointed Executive Vice President, Chief Financial Officer and Chief Accounting Officer of the Company, effective June 24, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick J. Guido resigned as Executive Vice President and Chief Financial Officer at CHICO'S FAS, INC..

Action: resigned
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On June 6, 2023, Patrick J. Guido notified Chico’s FAS, Inc. (the “Company”) of his decision to resign from the Company as Executive Vice President and Chief Financial Officer, to accept a position at another company where he can be located closer to his family.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David M. Oliver was appointed as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at CHICO'S FAS, INC..

Action: appointed
Role: Executive Vice President, Chief Financial Officer and Chief Accounting Officer

Exact text from the filing

Mr. Guido will be succeeded by David M. Oliver, who has been appointed Executive Vice President, Chief Financial Officer and Chief Accounting Officer of the Company, effective June 24, 2023.

View on SEC.gov

Source: SEC EDGAR

accession 0000897429-23-000070

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