---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-24-000251"
form_type: "8-K"
ticker: "CHEF"
cik: "0001517175"
company_name: "Chefs' Warehouse, Inc."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:41:45.888196+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Chefs' Warehouse reaches cooperation deal with Legion Partners; adds 3 directors, reduces board by 5

## Summary
- Legion Partners beneficially owns ~3.3% of CHEF (1,328,214 shares); board expanded to 14, then reduced to 9 by 2025.
- New independent directors: Richard Peretz, Wendy Weinstein, Lester Owens appointed; Peretz & Weinstein on task force.
- Five incumbent directors (served 5+ years) to step off after 2024 and 2025 annual meetings.
- Operational and Financial Performance Task Force formed to identify margin improvement opportunities.
- Standstill extended if FY2024 adj. EBITDA margin >=5.7% and FY2025 guidance midpoint >=6.2%.

## SEC filing metadata
- accession: 0000947871-24-000251
- form_type: 8-K
- ticker: CHEF
- cik: 0001517175
- company_name: Chefs' Warehouse, Inc.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517175/000094787124000251/0000947871-24-000251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517175/000094787124000251/ss3089888_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-24-000251
- JSON: https://secwatch.observer/filing/0000947871-24-000251.json
- Plain text: https://secwatch.observer/filing/0000947871-24-000251.txt

## Key facts
- Material Agreements
  Chefs' Warehouse, Inc. entered into Cooperation Agreement with Legion Partners Asset Management, LLC, Legion Partners, L.P. I, Legion Partners, L.P. II, Legion Partners, LLC, Legion Partners Holdings, LLC, Christopher S. Kiper, and Raymond White (effective 2024-03-01).
  - Action: entry
  - Counterparty: Legion Partners Asset Management, LLC, Legion Partners, L.P. I, Legion Partners, L.P. II, Legion Partners, LLC, Legion Partners Holdings, LLC, Christopher S. Kiper, and Raymond White
  - Effective: 2024-03-01
  source text: On March 1, 2024, The Chefs’ Warehouse, Inc., a Delaware corporation (the “ Company ”), entered into an agreement (the “ Cooperation Agreement ”) with Legion Partners Asset Management, LLC, Legion Partners, L.P. I, Legion Partners, L.P. II, Legion Partners, LLC, Legion Partners Holdings, LLC, Christopher S. Kiper, and Raymond White (collectively, the “ Investor Group ” and each individually, an “ Investor ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517175/000094787124000251/0000947871-24-000251-index.htm

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