Interim Chief Financial Officer and Senior Vice President, Controller Offer Letter – David Oliver and Chico’s FAS, Inc.

Contract Categories: Human Resources › Employment Agreements
Summary

Chico’s FAS, Inc. offers David Oliver the interim position of Chief Financial Officer and Senior Vice President, Controller, reporting to the CEO, Bonnie Brooks, effective February 13, 2020. David will receive an annual base salary of $375,000 and a $10,000 monthly bonus for each month or partial month in the interim role. All other compensation terms remain unchanged. Acceptance is confirmed by David’s signature and return of the letter.

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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