Sprouts CFO Denise Paulonis to depart Sept 24; Chip Molloy appointed new CFO

Sprouts Farmers Market, Inc.

CFO Denise Paulonis leaving Sept 24, 2021 to become CEO of a publicly traded retailer.
Board member Lawrence 'Chip' Molloy appointed CFO effective Sept 25, 2021.
Molloy's compensation: $875k base salary, $4M RSU grant, $500k sign-on cash, bonus at target.
Molloy previously served as interim CFO from June 2019 to Feb 2020 and on board since 2013.
No related party transactions or arrangements behind appointment.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Denise Paulonis

Chief Financial Officer

SFM · Sprouts Farmers Market, Inc.

Effective: 2021-09-24
Successor: Lawrence 'Chip' Molloy
Filed: August 31, 2021, 7:59 PM ET

On August 26, 2021, Denise Paulonis, Chief Financial Officer of Sprouts Farmers Market, Inc. (the “Company”), informed the Company that she would be departing the Company on September 24, 2021 to assume the role of Chief Executive Officer of a publicly traded retailer.

Appointed

Lawrence 'Chip' Molloy

Chief Financial Officer

SFM · Sprouts Farmers Market, Inc.

Effective: 2021-09-25
Filed: August 31, 2021, 7:59 PM ET

The Company’s Board of Directors has appointed Lawrence “Chip” Molloy as Chief Financial Officer to serve as the Company’s principal financial officer subsequent to Ms. Paulonis’s departure, effective on September 25, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Denise Paulonis departed as Chief Financial Officer at Sprouts Farmers Market, Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

On August 26, 2021, Denise Paulonis, Chief Financial Officer of Sprouts Farmers Market, Inc. (the “Company”), informed the Company that she would be departing the Company on September 24, 2021 to assume the role of Chief Executive Officer of a publicly traded retailer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Lawrence 'Chip' Molloy was appointed as Chief Financial Officer at Sprouts Farmers Market, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The Company’s Board of Directors has appointed Lawrence “Chip” Molloy as Chief Financial Officer to serve as the Company’s principal financial officer subsequent to Ms. Paulonis’s departure, effective on September 25, 2021.

View on SEC.gov

Sprouts Farmers Market, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-21-001596

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