Compensation adjustment letter agreement between the Company and David Oliver, dated as of February 13, 2020
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EX-10.1 2 dointerimcfoletter2-13.htm EXHIBIT 10.1 Exhibit
Exhibit 10.1
February 13, 2020
David Oliver
XXXXX XXXXX
XXXXX, XX XXXXX
Dear David:
We are pleased to offer you the following details regarding your interim position.
Position: Interim Chief Financial Officer and Senior Vice President, Controller
Reports to: Bonnie Brooks, CEO and President of Chico’s, FAS, Inc.
Start date: Effective February 13, 2020
Base Salary: $375,000.00 annually
Bonus: | You will receive a $10,000 bonus, less applicable taxes, for each month or partial month that you are in the interim position, effective February 13, 2020. |
All other aspects of your compensation will remain the same.
I wish you continued success at Chico’s. Please indicate your acceptance to this interim position by signing below and returning to my attention.
Sincerely,
Bonnie Brooks
President and CEO
Chico’s FAS, Inc.
Accepted by: /s/ David M. Oliver Date: February 13, 2020
