---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-001596"
form_type: "8-K"
ticker: "SFM"
cik: "0001575515"
company_name: "Sprouts Farmers Market, Inc."
filed_at: "2021-08-31T23:59:59+00:00"
generated_at: "2026-06-29T06:45:06.179641+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-21-001596
- form_type: 8-K
- ticker: SFM
- cik: 0001575515
- company_name: Sprouts Farmers Market, Inc.
- filed_at: 2021-08-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575515/000095017021001596/0000950170-21-001596-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575515/000095017021001596/sfm-20210826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-001596
- JSON: https://secwatch.observer/filing/0000950170-21-001596.json
- Plain text: https://secwatch.observer/filing/0000950170-21-001596.txt

## Key facts
- Executive change
  Denise Paulonis departed as Chief Financial Officer at Sprouts Farmers Market, Inc..
  - Action: departed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575515/000095017021001596/0000950170-21-001596-index.htm
- Executive change
  Lawrence 'Chip' Molloy was appointed as Chief Financial Officer at Sprouts Farmers Market, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575515/000095017021001596/0000950170-21-001596-index.htm

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