---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-020682"
form_type: "8-K"
ticker: "CURV"
cik: "0001792781"
company_name: "Torrid Holdings Inc."
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:21:13.652287+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Torrid lowers Q2 FY2022 guidance; appoints Tim Martin as COO/CFO and Hyon Park as CTO

## Summary
- Net sales guidance cut to $335-340M from $350-360M; Adjusted EBITDA guidance cut to $49-51M from $53-58M.
- Tim Martin (ex-Guitar Center CFO) appointed COO/CFO effective Sept. 12; $800K base salary, 80% target bonus, $3M equity award.
- Michael Salmon transitions to Chief Strategy Officer; Chinwe Abaelu remains CAO; Tanner MacDiarmid ends interim CFO role.
- Store traffic slowed in July; shipping disruptions from distribution platform upgrade caused unanticipated headwinds; inventory now balanced.
- Hyon Park named CTO from Belk; leads IT, software, security, and business intelligence.

## SEC filing metadata
- accession: 0001628280-22-020682
- form_type: 8-K
- ticker: CURV
- cik: 0001792781
- company_name: Torrid Holdings Inc.
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792781/000162828022020682/0001628280-22-020682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792781/000162828022020682/thi-20220801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-020682
- JSON: https://secwatch.observer/filing/0001628280-22-020682.json
- Plain text: https://secwatch.observer/filing/0001628280-22-020682.txt

## Key facts
- Executive change
  Michael Salmon changed role as Chief Strategy Officer at Torrid Holdings Inc..
  - Action: transitioned
  - Role: Chief Strategy Officer
  source text: Michael Salmon will voluntarily transition to the newly created role of Chief Strategy Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792781/000162828022020682/0001628280-22-020682-index.htm
- Executive change
  Tim O. Martin was appointed as Chief Operating Officer and Chief Financial Officer at Torrid Holdings Inc..
  - Action: appointed
  - Role: Chief Operating Officer and Chief Financial Officer
  source text: On August 3, 2022, the Company announced that Tim O. Martin, 53, will join the Company and be appointed as the Chief Operating Officer and Chief Financial Officer of the Company, effective as of September 12, 2022 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792781/000162828022020682/0001628280-22-020682-index.htm
- Executive change
  Tanner MacDiarmid departed as Interim Chief Financial Officer at Torrid Holdings Inc..
  - Action: ceased to serve
  - Role: Interim Chief Financial Officer
  source text: Tanner MacDiarmid will cease to serve as the Interim Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792781/000162828022020682/0001628280-22-020682-index.htm

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