---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-043468"
form_type: "8-K"
ticker: "OLLI"
cik: "0001639300"
company_name: "Ollie's Bargain Outlet Holdings, Inc."
filed_at: "2022-11-29T23:59:59+00:00"
generated_at: "2026-06-21T12:17:51.967054+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Ollie's appoints Abid Rizvi (CEO of AriZona Beverages) to board, expanding to 8 members

## Summary
- Appointed as independent director effective Nov 29, 2022; board expands from 7 to 8.
- Rizvi is CEO of AriZona Beverages; Ollie's had $2.1M in sales with AriZona in 2021, $1.9M in 2022.
- He will serve on Audit Committee and stand for election at 2023 annual meeting.
- Rizvi brings >20 years consumer investment banking experience including M&A at RBC and Jefferies.

## SEC filing metadata
- accession: 0001140361-22-043468
- form_type: 8-K
- ticker: OLLI
- cik: 0001639300
- company_name: Ollie's Bargain Outlet Holdings, Inc.
- filed_at: 2022-11-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639300/000114036122043468/0001140361-22-043468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639300/000114036122043468/brhc10044763_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-043468
- JSON: https://secwatch.observer/filing/0001140361-22-043468.json
- Plain text: https://secwatch.observer/filing/0001140361-22-043468.txt

## Key facts
- Executive change
  Abid Rizvi was appointed as Director at Ollie's Bargain Outlet Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: The Board: fixed the number of directors at eight (8); appointed Abid Rizvi as a member of the Board, as an independent director; and also appointed Mr. Rizvi to serve on the Audit Committee, both effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639300/000114036122043468/0001140361-22-043468-index.htm

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