Beyond restructures leadership with separate CEOs for Bed Bath & Beyond and Overstock

BED BATH & BEYOND, INC.

Chandra Holt appointed CEO of Bed Bath & Beyond; Dave Nielsen named CEO of Overstock; both designated co-principal executive officers.
Adrianne Lee expands role to Chief Financial & Administrative Officer, retaining principal financial and accounting officer duties.
Executives receive base salaries: Nielsen $900K, Holt $900K, Lee $600K; each eligible for equal or half target bonuses.
Performance share grants: 200,000 shares each for Nielsen and Holt, 120,000 for Lee; vesting tied to stock price hurdles ($40/$50/$60) and net revenue targets ($2B/$2.7B/$3.4B through 2026).
Board amended 2005 Equity Plan to raise annual per-participant performance share limit to 250,000, subject to shareholder approval.

item 5.02 item 7.01 item 9.01

Executive movements

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

Role change

Adrianne Lee

Chief Financial & Administrative Officer

BBBY · BED BATH & BEYOND, INC.

Effective: 2024-02-20
Filed: February 20, 2024, 6:59 PM ET

Adrianne Lee, Beyond’s Chief Financial Officer, has been appointed as Beyond’s Chief Financial & Administrative Officer and continues to serve as its principal financial officer and principal accounting officer.

Appointed

Chandra Holt

Division Chief Executive Officer, Bed Bath & Beyond

BBBY · BED BATH & BEYOND, INC.

Effective: 2024-02-20
Filed: February 20, 2024, 6:59 PM ET

Chandra Holt, age 43, has been appointed as Beyond’s Division Chief Executive Officer, Bed Bath & Beyond, and has been designated as Beyond’s co-principal executive officer.

Appointed

David Nielsen

Division Chief Executive Officer, Overstock

BBBY · BED BATH & BEYOND, INC.

Effective: 2024-02-20
Filed: February 20, 2024, 6:59 PM ET

David Nielsen, Beyond’s Interim Chief Executive Officer and President, has been appointed as Beyond’s Division Chief Executive Officer, Overstock and designated as Beyond’s co-principal executive officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Adrianne Lee was appointed as Chief Financial & Administrative Officer at BED BATH & BEYOND, INC..

Action: appointed
Role: Chief Financial & Administrative Officer

Exact text from the filing

Adrianne Lee, Beyond’s Chief Financial Officer, has been appointed as Beyond’s Chief Financial & Administrative Officer and continues to serve as its principal financial officer and principal accounting officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Chandra Holt was appointed as Division Chief Executive Officer, Bed Bath & Beyond at BED BATH & BEYOND, INC..

Action: appointed
Role: Division Chief Executive Officer, Bed Bath & Beyond

Exact text from the filing

Chandra Holt, age 43, has been appointed as Beyond’s Division Chief Executive Officer, Bed Bath & Beyond, and has been designated as Beyond’s co-principal executive officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Nielsen was appointed as Division Chief Executive Officer, Overstock at BED BATH & BEYOND, INC..

Action: appointed
Role: Division Chief Executive Officer, Overstock

Exact text from the filing

David Nielsen, Beyond’s Interim Chief Executive Officer and President, has been appointed as Beyond’s Division Chief Executive Officer, Overstock and designated as Beyond’s co-principal executive officer.

View on SEC.gov

BED BATH & BEYOND, INC. filing history →

Source: SEC EDGAR

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