Ross Stores CFO Orvos to retire

Ross Stores (ROST) announced that Adam Orvos, will retire as Executive Vice President and Chief Financial Officer, effective September 30, 2025. William Sheehan, currently Group Senior Vice President, Finance, has been promoted to Deputy Chief Financial Officer and is expected to succeed Mr. Orvos as Chief Financial Officer on October 1, 2025. Mr. Sheehan has more than 34 years of broad-based financial experience in the retail industry. After 15 years with Lord & Taylor, he joined Ross in February 2006 and has served in roles of increasing responsibility across the Finance organization since that time. Upon becoming Chief Financial Officer, Mr. Sheehan will oversee the accounting, treasury, financial planning, tax, procurement, finance operations, risk management, and investor relations functions, and will report directly to Michael Hartshorn, Group President and Chief Operating Officer. Michael Hartshorn commented, “Bill is a proven and talented finance executive with extensive managerial experience as well as a deep understanding of Ross. While Bill has reported to Adam over the past four years, he and I have worked closely together during his long tenure with the Company, which will support a smooth transition.”