Five Below names Daniel Sullivan CFO, effective October 6, 2025
Five Below appointed Daniel Sullivan as Chief Financial Officer, effective October 6, 2025, succeeding Kenneth Bull, who has served as interim CFO. The filing also discloses Sullivan's offer terms, including a $850,000 base salary and a $500,000 signing bonus, which matter to shareholders as compensation for the company's top finance role.
Key points
- Daniel Sullivan becomes CFO and principal financial and accounting officer effective October 6, 2025, replacing interim CFO Kenneth Bull
- Offer letter dated August 25, 2025 sets a $850,000 annual base salary and a $500,000 one-time signing bonus
- Sullivan's package includes $2,000,000 in initial RSUs and $1,800,000 in 2026 equity awards, with 60% allocated to PRSUs
- Michelle Israel was also named Chief Merchandising Officer, effective October 6, 2025, reporting to CEO Winnie Park
The filing
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 October 01, 2025.
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.