leadership
confidence high
sentiment positive
materiality 0.80
Five Below names Winnie Park President and CEO; Thomas Vellios appointed Executive Chairman
FIVE BELOW, INC
- Winnie Park, former CEO of Forever 21, appointed CEO and Class II director effective Dec 16, 2024.
- Compensation: $1.1M base, 125% STIP target, $1M initial RSU, $4M 2025 equity.
- Thomas Vellios named Executive Chairman with $3M RSU award and up to $500K travel reimbursement.
- Kenneth Bull steps down as interim CEO but remains COO.
- Board size increased from 11 to 12 members.