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AI brief of an SEC Form 8-K · Five Below (FIVE)

Five Below says Chief Merchandising Officer Michael Romanko will retire November 17, 2024

Neutral Impact 4 of 5 leadership Written later

Five Below agreed that Chief Merchandising Officer Michael F. Romanko will retire and leave employment effective November 17, 2024, and will remain available to assist with the transition through May 17, 2025. After his exit, the merchandising organization will report to interim CEO Kenneth R. Bull, which shows the company is reassigning oversight of a senior role during its current interim leadership period.

Key points

  • Michael F. Romanko's employment ends effective November 17, 2024; he stays available through May 17, 2025 for transition help
  • Lump sum payment of $821,445.53 is tied to a general release of claims and equals 12 months of base salary plus 12 months of COBRA coverage
  • Andy Kunselman, SVP and General Merchandising Manager, will report directly to Kenneth R. Bull, interim President and CEO and COO

The filing

CompanyFive Below (FIVE)
Form8-K, current report
Filed with the SECSep 18, 2024, 4:56 PM ET
Accession number0001193125-24-221442

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 18, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.