leadership
confidence high
sentiment neutral
materiality 0.70
1-800-FLOWERS CEO Christopher McCann steps down for health; Jim McCann appointed CEO
1 800 FLOWERS COM INC
- Christopher McCann resigns as CEO effective July 3, 2023, for personal health reasons; takes leave through Dec 31, 2023.
- Jim McCann, current Chairman, resumes role as CEO effective July 3, 2023; additional cash compensation of $1M per annum.
- Christopher McCann remains on the Board and continues as officer of subsidiaries.
- Jim McCann's annual bonus target set at 100% of base salary under Sharing Success Plan starting FY2024.