8-KFiled Aug 12, 8:00 PM ET

Bed Bath & Beyond Appoints Chief Accounting Officer Jill Windrum

$BBBY · BED BATH & BEYOND, INC.

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Bed Bath & Beyond Appoints Chief Accounting Officer Jill Windrum

What Happened
Bed Bath & Beyond, Inc. (BBBY) announced on August 8, 2026 (8-K filing) that Jill Windrum, age 46, will be appointed Chief Accounting Officer and Deputy Chief Financial Officer, effective August 31, 2026. In this capacity she will serve as the company’s principal accounting officer, replacing Brian LaRose. Ms. Windrum joins from DHI Group, Inc. (VP of Financial Planning & Analysis and Revenue Operations, May–Aug 2026) and previously held senior finance roles at Vantor (formerly Maxar) and worked at KPMG; she holds a BBA in Accounting from James Madison University and is a CPA.

Key Details

  • Base salary: $400,000 per year; target annual cash bonus equal to 50% of base salary, contingent on performance goals.
  • Sign‑on equity: $400,000 aggregate target value, vesting over four years (75% time‑based RSUs; 25% performance shares).
  • Severance on qualifying termination (company without Cause or resignation for Good Reason): cash equal to base salary for a Severance Period (six months + one month per full year of service, up to 12 months), prorated target bonus for the year, continued health/dental/vision during Severance Period, and accelerated vesting of time‑based awards that would vest in the next 12 months.
  • If a qualifying termination occurs within 12 months after a Change in Control, severance instead includes salary for the Severance Period, continued benefits, target annual bonus, and full accelerated vesting of all time‑based equity awards. Agreement also includes customary non‑competition/non‑solicitation and an indemnification agreement.

Why It Matters
This is a material executive appointment affecting the company’s financial reporting leadership: the new CAO will be the principal accounting officer responsible for oversight of accounting and reporting. The compensation and equity package is designed to retain Ms. Windrum and align her with performance, and the severance provisions provide protections that could result in near‑term cash or equity acceleration in specific termination or change‑in‑control scenarios. Investors should note the leadership change for accounting oversight and the potential modest near‑term compensation expense related to sign‑on awards and any severance triggers.