secwatch.observer — SEC 8-K summary
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Issuer:     BJ's Wholesale Club Holdings, Inc. (BJ)
CIK:        0001531152
Form:       8-K
Filed at:   2026-10-15T20:20:25+00:00
Accession:  0001104659-26-116256
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4.1-flash:cloud@v2

BJ's promotes Bill Werner to Chief Development Officer, raises base salary to $800K
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- Bill Werner promoted from EVP, Strategy and Development to EVP, Chief Development Officer effective Oct 8, 2026.
- In the new role Werner adds oversight of BJ's business-to-business operations on top of real estate and fuel growth strategies.
- Werner's annual base salary increased to $800,000; his employment agreement dated May 10, 2021 remains unchanged and in effect.
- Compensation Committee approved awards for resolving the credit card interchange fee litigation: CFO Laura Felice received $250,000 cash.
- Werner received $500,000 cash plus RSUs granted Sept 30, 2026 worth $500,000, vesting in full on the second anniversary of grant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1531152/000110465926116256/0001104659-26-116256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1531152/000110465926116256/tm2627448d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-116256

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer