Ross Stores (ROST) Announces Board Changes

Go back to Ross Stores (ROST) Announces Board Changes

Ross Stores Announces Changes to Its Board Leadership

August 31, 2023 4:15 PM EDT

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors has approved the following changes to its Board leadership and composition effective September 1, 2023:

George P. Orban will step down as Chairman of the Board while continuing to serve as an independent Director. Michael Balmuth, currently Strategic Advisor to the Company, will return to the Executive Chairman of the Board role. K. Gunnar Bjorklund will become Lead Independent Director.

In commenting,... More