Five Below grants $1.5M retention awards to four executives, raises salaries for CFO and CMO

FIVE BELOW, INC

Special retention awards ($1.5M each) for CMO Romanko, CFO Chipman, CRO Hill, CAO Specter: 20% cash, 80% RSUs.
Base salary increases: Romanko from $750k to $800k; Chipman from $650k to $700k.
Romanko also gets special PRSU award with target $1M, based on performance in Q4 FY2024 and first half FY2025.
Awards follow July 16 appointment of Kenneth Bull as interim CEO and Thomas Vellios as interim executive chairman.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Kenneth Bull

Interim President & Chief Executive Officer

FIVE · FIVE BELOW, INC

Effective: 2024-07-16
Filed: August 2, 2024, 7:59 PM ET

On July 16, 2024, Five Below, Inc. (the “Company”) announced the appointment of Kenneth Bull and Thomas Vellios as its Interim President & Chief Executive Officer and Interim Executive Chairman, respectively.

Appointed (interim)

Thomas Vellios

Interim Executive Chairman

FIVE · FIVE BELOW, INC

Effective: 2024-07-16
Filed: August 2, 2024, 7:59 PM ET

On July 16, 2024, Five Below, Inc. (the “Company”) announced the appointment of Kenneth Bull and Thomas Vellios as its Interim President & Chief Executive Officer and Interim Executive Chairman, respectively.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Bull was appointed as Interim President & Chief Executive Officer at FIVE BELOW, INC.

Action: appointed
Role: Interim President & Chief Executive Officer

Exact text from the filing

On July 16, 2024, Five Below, Inc. (the “Company”) announced the appointment of Kenneth Bull and Thomas Vellios as its Interim President & Chief Executive Officer and Interim Executive Chairman, respectively.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Vellios was appointed as Interim Executive Chairman at FIVE BELOW, INC.

Action: appointed
Role: Interim Executive Chairman

Exact text from the filing

On July 16, 2024, Five Below, Inc. (the “Company”) announced the appointment of Kenneth Bull and Thomas Vellios as its Interim President & Chief Executive Officer and Interim Executive Chairman, respectively.

View on SEC.gov

FIVE BELOW, INC filing history →

Source: SEC EDGAR

accession 0001193125-24-192863

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