---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-063752"
form_type: "8-K"
ticker: "PLCE"
cik: "0001041859"
company_name: "Childrens Place, Inc."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T10:18:55.240248+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Children's Place CEO Jane Elfers out; director Muhammad Umair named President and Interim CEO

## Summary
- Jane Elfers departs as President, CEO, and Board member effective May 20, 2024 under mutual agreement.
- Umair, appointed to Board Feb 29, 2024, becomes President and Interim CEO; base salary $650K.
- Separation agreement provides Elfers $3.75M lump sum plus 24 months COBRA coverage.
- Umair resigns from Audit and Compensation Committees; company will use Nasdaq cure period to fill vacancy.
- Board initiates search for permanent CEO; Umair brings 17 yrs financial/investment experience.

## SEC filing metadata
- accession: 0001104659-24-063752
- form_type: 8-K
- ticker: PLCE
- cik: 0001041859
- company_name: Childrens Place, Inc.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041859/000110465924063752/0001104659-24-063752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041859/000110465924063752/tm2415073d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-063752
- JSON: https://secwatch.observer/filing/0001104659-24-063752.json
- Plain text: https://secwatch.observer/filing/0001104659-24-063752.txt

## Key facts
- Executive change
  Muhammad Umair was appointed as President and Interim Chief Executive Officer at Childrens Place, Inc..
  - Action: appointed
  - Role: President and Interim Chief Executive Officer
  source text: the Board of Directors (the “ Board ”) of The Children’s Place, Inc. (the “ Company ”) appointed Muhammad Umair, who is currently a Board member, as President and Interim Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041859/000110465924063752/0001104659-24-063752-index.htm
- Executive change
  Jane T. Elfers departed as President and Chief Executive Officer at Childrens Place, Inc..
  - Action: departed
  - Role: President and Chief Executive Officer
  source text: Mr. Umair succeeds Jane T. Elfers, who departed as President and Chief Executive Officer of the Company and as a member of the Board pursuant to a mutual agreement with the Company, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041859/000110465924063752/0001104659-24-063752-index.htm

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