Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): September 13, 2022
CHEWY, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
001-38936
90-1020167
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
7700 West Sunrise Boulevard
Plantation, Florida
33322
(Address of Principal Executive Offices)
(Zip Code)
(786) 320-7111
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Class A Common Stock, par value $0.01 per share
CHWY
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 13, 2022, Mr. James Kim resigned from the board of directors (the “Board”) of Chewy, Inc. (the “Company”), effective as of September 13, 2022. Mr. Kim’s resignation was not the result of any disagreement with the Company. The Company thanks Mr. Kim for his service to the Company and its stockholders.
On September 14, 2022, the Board appointed Mr. Mathieu Bigand to fill the vacancy on the Board created by the resignation of Mr. Kim. Mr. Bigand will serve on the Board as a Class III director with a term expiring at the Company’s annual meeting of stockholders in 2025.
Mr. Bigand currently serves as a Principal at BC Partners. Before joining BC Partners in 2019, Mr. Bigand served in the Investment Banking division at Goldman Sachs Group, Inc. from 2014 to 2019, where he focused on the technology, media and telecommunications spaces. Mr. Bigand also currently serves on the board of Women’s Care Enterprises, LLC. Mr. Bigand holds a Master in Management degree from HEC Paris and Bachelor in Mathematics degree from Paris 1 Panthéon-Sorbonne University.
Pursuant to the Investor Rights Agreement, dated June 13, 2019, among the Company and holders of its Class B common stock (which are affiliates of BC Partners), as long as such stockholders continue to hold a majority of the combined voting power of the Company’s securities entitled to vote generally in the election of directors of the Company, such stockholders will be entitled to nominate a majority of our Board.
The Company entered into an indemnification agreement with Mr. Bigand in connection with his appointment to the Board. The indemnification agreement is in substantially the same form as the indemnification agreement for the other directors of the Company that was filed as Exhibit 10.2 to the Company’s Registration Statement on Form S-1, filed with the Securities and Exchange Commission on June 3, 2019. There are no other transactions with Mr. Bigand which would require disclosure under Item 404(a) of Regulation S-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
