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Ross Stores logoRoss Stores ROST

The company said Adam Orvos plans to retire as Chief Financial Officer and leave his employment with the company, effective on September 30, 2025. The press release listed his age as 60. The announcement was made on February 20, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Adam Orvos plans to retire as Chief Financial Officer and leave his employment with the company, effective on September 30, 2025. The press release listed his age as 60. The announcement was made on February 20, 2025.

  2. The company said William Sheehan was appointed Deputy Chief Financial Officer, effective on February 16, 2025, and is expected to succeed Orvos as Chief Financial Officer on or about October 1, 2025.

  3. Ross said Sheehan has more than 34 years of financial experience in the retail industry. After 15 years with Lord & Taylor, he joined the company in February 2006. As Chief Financial Officer, he will report directly to Group President and Chief Operating Officer Michael Hartshorn.

  4. Ross said Sheehan, 56, has served as Group Senior Vice President, Finance since March 2021, and as Senior Vice President, Finance since 2017. He will hold this position together with the Deputy Chief Financial Officer role.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

CFO Adam Orvos Retirement Plan

The company said Adam Orvos plans to retire as Chief Financial Officer and leave his employment with the company, effective on September 30, 2025. The press release listed his age as 60. The announcement was made on February 20, 2025.

Source · Based on the filing body and exhibits

William Sheehan Named Deputy CFO

The company said William Sheehan was appointed Deputy Chief Financial Officer, effective on February 16, 2025, and is expected to succeed Orvos as Chief Financial Officer on or about October 1, 2025.

Source · Based on the filing body and exhibits

Sheehan's Experience and Reporting Line

Ross said Sheehan has more than 34 years of financial experience in the retail industry. After 15 years with Lord & Taylor, he joined the company in February 2006. As Chief Financial Officer, he will report directly to Group President and Chief Operating Officer Michael Hartshorn.

Source · Based on the filing body and exhibits

Sheehan's Prior Role History

Ross said Sheehan, 56, has served as Group Senior Vice President, Finance since March 2021, and as Senior Vice President, Finance since 2017. He will hold this position together with the Deputy Chief Financial Officer role.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.