secwatch.observer — SEC 8-K summary
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Issuer:     Ollie's Bargain Outlet Holdings, Inc. (OLLI)
CIK:        0001639300
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001140361-24-029027
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ollie's announces CEO succession: van der Valk to become CEO in early 2025
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- John Swygert to transition from CEO to Executive Chairman in early 2025.
- Eric van der Valk promoted to President, effective immediately, to become CEO in early 2025.
- Chris Zender hired as EVP & COO, effective June 17, 2024; base salary $475k.
- Robert Helm promoted to EVP; base salary raised to $500k.
- All changes part of planned succession; van der Valk's salary raised to $580k.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639300/000114036124029027/0001140361-24-029027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639300/000114036124029027/ef20030655_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-029027

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