Chewy appoints Chris Deppe as CFO; reaffirms FY2025 guidance and long-term margin target

Chewy, Inc.

Appointment effective Feb 23, 2026; interim CFO Will Billings returns to Chief Accounting Officer role.
Deppe salary $450,000, target bonus 100% of earnings, annual equity grant at 800% of base salary.
One-time RSU grant of $8.78M vests 30% year 1, 25% years 2-3, 20% year 4.
Company reaffirms FY2025 guidance and long-term 10% Adjusted EBITDA margin target.
Deppe joined Chewy in 2022; previously 16 years at Amazon in senior finance leadership.

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