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Executive ChangeItem 5.02 · 8-KMEDIUM RiskNeutral

ROSS STORES, INC.

A senior executive or director joined, left, or changed roles. An 8-K is the notice a US public company must file within four business days of a major event.

www.rossstores.com
Filed: Nov 19, 2025Dublin, CaliforniaCIK: 0000745732E Commerce
Full company profileView on SEC.gov

AI Executive Summary

AI-powered analysis of 8-K filing content

Ross Stores' Executive Chairman Michael Balmuth will step down from that role on January 31, 2026, serve as Senior Advisor through March 31, 2026, and retire from the Board. Lead Independent Director K. Gunnar Bjorklund will become Chairman of the Board effective February 1, 2026, and the authorized Board seats will drop from eleven to ten.

Key Takeaways

Balmuth's exit as Executive Chairman is governed by the Tenth Amendment to his executive employment agreement, so the transition follows a pre-arranged schedule rather than an abrupt departure.

Bjorklund has served on the Board since 2003 and has been Lead Independent Director since 2023, so the chair transition moves an experienced, independent director into the top board role.

3 more takeaways

Filing Overview

Form Type8-K
Filing DateNov 19, 2025
Item5.02
CategoryExecutive Change
CIK0000745732
Accession #0000745732
Risk LevelMEDIUM
SentimentNeutral
Signalinformational
Topics
leadership transitionboard change

What This Means

A senior executive (CEO, CFO, etc.) has joined, departed, or changed roles. Leadership changes can significantly impact strategy.
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ROSS STORES, INC. filed with the SEC. Fundz turns 8-K material events into an alert with the right executive attached.

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