FIGS appoints Sarah Oughtred as CFO effective August 9, 2024

FIGS, Inc.

Sarah Oughtred joins from lululemon after 17 years; most recently SVP, FP&A.
Base salary $500K, target bonus $300K, and $4M RSU award vesting quarterly over 4 years.
Interim CFO Kevin Fosty will return to VP, Controller after transition.
Oughtred played key role in lululemon revenue growth from $270M to ~$10B and store count from <50 to >700.
Effective date August 9, 2024; start date July 29, 2024 for smooth transition.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Sarah Oughtred

Chief Financial Officer

FIGS · FIGS, Inc.

Effective: 2024-08-09
Filed: June 12, 2024, 7:59 PM ET

On June 7, 2024, the Board of Directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed Sarah Oughtred to serve as the Company’s Chief Financial Officer, effective as of August 9, 2024

Role change

Kevin Fosty

VP, Controller

FIGS · FIGS, Inc.

Effective: 2024-08-09
Successor: Sarah Oughtred
Filed: June 12, 2024, 7:59 PM ET

Mr. Fosty will remain serving as Interim Chief Financial Officer, principal financial officer and principal accounting officer until the Effective Date and will thereafter continue with the Company in his previous role of VP, Controller.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sarah Oughtred was appointed as Chief Financial Officer at FIGS, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On June 7, 2024, the Board of Directors (the “ Board ”) of FIGS, Inc. (the “ Company ”) appointed Sarah Oughtred to serve as the Company’s Chief Financial Officer, effective as of August 9, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Fosty changed role as VP, Controller at FIGS, Inc..

Action: continue
Role: VP, Controller

Exact text from the filing

Mr. Fosty will remain serving as Interim Chief Financial Officer, principal financial officer and principal accounting officer until the Effective Date and will thereafter continue with the Company in his previous role of VP, Controller.

View on SEC.gov

FIGS, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-027748

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