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Chewy | 8-K: Appointment of Chief Accounting Officer and Removal of Interim Chief Accounting Officer

Chewy | 8-K: Appointment of Chief Accounting Officer and Removal of Interim Chief Accounting Officer

Chewy | 8-K:任命首席會計官和免去臨時首席會計官
美股SEC公告 ·  08/10 04:14

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Chewy, Inc. has announced the appointment of William Billings as the new Chief Accounting Officer (CAO) and principal accounting officer (PAO), effective August 12, 2024. The decision was made by the Board of Directors on August 5, 2024, the same day they removed David Reeder from his interim positions as CAO and PAO. Reeder will continue his role as the company's Chief Financial Officer. Billings brings extensive experience to Chewy, having previously held senior finance and accounting positions at GlobalFoundries, Inc., Coursera, Inc., Airbnb, Inc., World Fuel Services Corporation, General Electric Company, and McDermott International Ltd. He is also a board member of Knightscope, Inc. and Sucro Sourcing LLC, holds a CPA certification, and has academic credentials from Southern University A&M and...Show More
Chewy, Inc. has announced the appointment of William Billings as the new Chief Accounting Officer (CAO) and principal accounting officer (PAO), effective August 12, 2024. The decision was made by the Board of Directors on August 5, 2024, the same day they removed David Reeder from his interim positions as CAO and PAO. Reeder will continue his role as the company's Chief Financial Officer. Billings brings extensive experience to Chewy, having previously held senior finance and accounting positions at GlobalFoundries, Inc., Coursera, Inc., Airbnb, Inc., World Fuel Services Corporation, General Electric Company, and McDermott International Ltd. He is also a board member of Knightscope, Inc. and Sucro Sourcing LLC, holds a CPA certification, and has academic credentials from Southern University A&M and Rice University. Billings' compensation package includes a $400,000 annual base salary, eligibility for a new hire equity grant valued at $1,100,000, an additional equity grant worth $2,100,000, participation in the Annual Short-Term Incentive Plan with a target bonus of 75% of eligible earnings, and an annual equity grant valued at 275% of his base salary. He will also have access to the company's benefit programs and unlimited paid time off. The RSUs and performance-based RSUs are subject to Board approval and the terms of award agreements consistent with those issued to other officers. Additionally, Chewy disclosed that former CAO and PAO Stacy Bowman resigned on August 9, 2024, and has entered into a separation agreement with the company, which includes a lump sum severance payment of $249,000.
Chewy公司已經任命William Billings爲新的首席會計官(CAO)和負責會計事務的主要負責人(PAO),自2024年8月12日生效。這一決定是由董事會於2024年8月5日作出的,同一天他們解除了David Reeder在CAO和PAO的臨時職務。Reeder將繼續擔任該公司的首席財務官。Billings在Chewy公司擁有豐富的經驗,在GlobalFoundries公司,Coursera公司,Airbnb公司,World Fuel Services公司,通用電氣公司和McDermott International有過高級財務和會計職位。他還是Knightscope公司和Sucro...展開全部
Chewy公司已經任命William Billings爲新的首席會計官(CAO)和負責會計事務的主要負責人(PAO),自2024年8月12日生效。這一決定是由董事會於2024年8月5日作出的,同一天他們解除了David Reeder在CAO和PAO的臨時職務。Reeder將繼續擔任該公司的首席財務官。Billings在Chewy公司擁有豐富的經驗,在GlobalFoundries公司,Coursera公司,Airbnb公司,World Fuel Services公司,通用電氣公司和McDermott International有過高級財務和會計職位。他還是Knightscope公司和Sucro Sourcing LLC的董事會成員,持有CPA證書,並擁有來自南部大學A&m和萊斯大學的學術資質。Billings的薪酬包括40萬美元的年度基本工資,有資格獲得110萬美元的新員工股權授予,額外的股權授予價值210萬美元,參加年度短期激勵計劃,目標獎金爲符合資格收入的75%,以及價值其基本工資275%的年度股權授予。他還將有權訪問公司的福利計劃和無限帶薪休假。這些公司股票和基於績效的公司股票將根據董事會批准和與其他官員發佈的獎勵協議條款相一致。此外,Chewy披露了前CAO和PAO Stacy Bowman於2024年8月9日辭職,並已與該公司簽訂分離協議,其中包括249,000美元的一次性遣散費。
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