Chewy appoints William Billings as CAO effective Aug 12; former CAO Bowman gets $249K severance

Chewy, Inc.

William Billings named Chief Accounting Officer, effective August 12, 2024.
David Reeder removed as interim CAO but remains CFO.
Billings receives $400K base salary, $1.1M new hire RSU grant, and $2.1M additional RSU grant.
Billings is eligible for annual bonus (75% target) and annual equity grant (275% of base salary).
Former CAO Stacy Bowman receives $249,000 lump sum severance in exchange for release of claims.

item 5.02

Executive movements

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Appointed

William Billings

Chief Accounting Officer

CHWY · Chewy, Inc.

Effective: 2024-08-12
Filed: August 9, 2024, 7:59 PM ET

On August 5, 2024, the Board of Directors (the “Board”) of Chewy, Inc. (the “Company”) approved the appointment of William Billings as the Company’s Chief Accounting Officer (the “CAO”) and principal accounting officer (the “PAO”), effective as of the date that Mr. Billings commences employment with the Company, which is expected to be on August 12, 2024 (the “CAO Employment Date”).

Role change (interim)

David Reeder

interim Chief Accounting Officer

CHWY · Chewy, Inc.

Effective: 2024-08-12
Successor: William Billings
Filed: August 9, 2024, 7:59 PM ET

the Board removed David Reeder as the interim CAO and interim PAO, effective as of the CAO Employment Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William Billings was appointed as Chief Accounting Officer at Chewy, Inc..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

On August 5, 2024, the Board of Directors (the “Board”) of Chewy, Inc. (the “Company”) approved the appointment of William Billings as the Company’s Chief Accounting Officer (the “CAO”) and principal accounting officer (the “PAO”), effective as of the date that Mr. Billings commences employment with the Company, which is expected to be on August 12, 2024 (the “CAO Employment Date”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Reeder changed role as interim Chief Accounting Officer at Chewy, Inc..

Action: removed as interim CAO
Role: interim Chief Accounting Officer

Exact text from the filing

the Board removed David Reeder as the interim CAO and interim PAO, effective as of the CAO Employment Date.

View on SEC.gov

Chewy, Inc. filing history →

Source: SEC EDGAR

accession 0001766502-24-000036

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