---
schema_version: "secwatch.filing_event.v1"
accession: "0001495320-23-000017"
form_type: "8-K"
ticker: "VRA"
cik: "0001495320"
company_name: "Vera Bradley, Inc."
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T16:08:30.629789+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vera Bradley appoints new CFO, targets $12M in additional cost cuts

## Summary
- Michael Schwindle named CFO effective May 8, 2023; base salary $525,000 plus incentives.
- Company targeting $12M in incremental cost reductions for FY2024, including ~25 corporate job cuts.
- Previous $27M in cost reductions largely realized in FY2023; total savings now ~$39M.
- Current CFO John Enwright to step down, stay through June 9 for transition.
- Reorganization focuses on Marketing, Ecommerce, Product Design, and Development areas.

## SEC filing metadata
- accession: 0001495320-23-000017
- form_type: 8-K
- ticker: VRA
- cik: 0001495320
- company_name: Vera Bradley, Inc.
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000017/0001495320-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000017/vra-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495320-23-000017
- JSON: https://secwatch.observer/filing/0001495320-23-000017.json
- Plain text: https://secwatch.observer/filing/0001495320-23-000017.txt

## Key facts
- Executive change
  John Enwright departed as Chief Financial Officer at Vera Bradley, Inc..
  - Action: stepping down
  - Role: Chief Financial Officer
  source text: John Enwright, the Company’s current CFO, will be stepping down as a result of Mr. Schwindle’s appointment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000017/0001495320-23-000017-index.htm
- Executive change
  Michael Schwindle was appointed as Chief Financial Officer at Vera Bradley, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On April 25, 2023, Vera Bradley, Inc. (the “Company”) announced that Michael Schwindle will join the Company as Chief Financial Officer (“CFO”) effective May 8, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495320/000149532023000017/0001495320-23-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.