Beyond Inc. appoints Marcus Lemonis as PEO, Adrianne Lee as President & CFO; targets $15M cost cut

BED BATH & BEYOND, INC.

Marcus Lemonis, Executive Chairman, becomes Principal Executive Officer effective March 10, replacing Dave Nielsen.
Adrianne Lee promoted to President & CFO (from CFO); base salary $700K, target bonus 75%.
Leah Putnam named Chief Accounting Officer; Alexander Thomas appointed Chief Operating Officer.
Management commits to an additional $15M annualized fixed cost reduction, mainly from Technology Transformation.
Lemonis granted 500K RSUs and 500K performance shares; Lee, Thomas, Putnam receive equity grants.

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.

Departed

Dave Nielsen

principal executive officer

BBBY · BED BATH & BEYOND, INC.

Effective: 2025-03-10
Successor: Marcus Lemonis
Filed: March 10, 2025, 7:59 PM ET

Mr. Nielsen’s employment with the Company was terminated on the Effective Date.

Role change

Marcus Lemonis

principal executive officer

BBBY · BED BATH & BEYOND, INC.

Effective: 2025-03-10
Filed: March 10, 2025, 7:59 PM ET

the Board of Directors (the “Board”) of Beyond, Inc. (the “Company”) appointed Marcus Lemonis, Executive Chairman of the Board, as the Company’s principal executive officer, effective as of March 10, 2025

Role change

Adrianne Lee

President and Chief Financial Officer

BBBY · BED BATH & BEYOND, INC.

Effective: 2025-03-10
Filed: March 10, 2025, 7:59 PM ET

the Board appointed Adrianne Lee, the Company’s Chief Financial & Administrative Officer, as the Company’s President and Chief Financial Officer, effective as of the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dave Nielsen was terminated as principal executive officer at BED BATH & BEYOND, INC..

Action: terminated
Role: principal executive officer

Exact text from the filing

Mr. Nielsen’s employment with the Company was terminated on the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Marcus Lemonis was appointed as principal executive officer at BED BATH & BEYOND, INC..

Action: appointed
Role: principal executive officer

Exact text from the filing

the Board of Directors (the “Board”) of Beyond, Inc. (the “Company”) appointed Marcus Lemonis, Executive Chairman of the Board, as the Company’s principal executive officer, effective as of March 10, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: appointed
Role: President and Chief Financial Officer

Exact text from the filing

the Board appointed Adrianne Lee, the Company’s Chief Financial & Administrative Officer, as the Company’s President and Chief Financial Officer, effective as of the Effective Date.

View on SEC.gov

BED BATH & BEYOND, INC. filing history →

Source: SEC EDGAR

accession 0001130713-25-000027

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