---
schema_version: "secwatch.filing_event.v1"
accession: "0001130713-24-000004"
form_type: "8-K"
ticker: "BBBY"
cik: "0001130713"
company_name: "BED BATH & BEYOND, INC."
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T22:43:43.610772+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001130713-24-000004
- form_type: 8-K
- ticker: BBBY
- cik: 0001130713
- company_name: BED BATH & BEYOND, INC.
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000004/0001130713-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000004/ostk-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001130713-24-000004
- JSON: https://secwatch.observer/filing/0001130713-24-000004.json
- Plain text: https://secwatch.observer/filing/0001130713-24-000004.txt

## Key facts
- Executive change
  Adrianne Lee was appointed as Chief Financial & Administrative Officer at BED BATH & BEYOND, INC..
  - Action: appointed
  - Role: Chief Financial & Administrative Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000004/0001130713-24-000004-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000004/0001130713-24-000004-index.htm
- Executive change
  David Nielsen was appointed as Division Chief Executive Officer, Overstock at BED BATH & BEYOND, INC..
  - Action: appointed
  - Role: Division Chief Executive Officer, Overstock
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130713/000113071324000004/0001130713-24-000004-index.htm

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