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Ross Stores, Inc. Announces Retirement of CFO Adam Orvos and Promotion of William Sheehan to Deputy CFO

PUBLIC · ROSTFeb 21, 2025

Position

Chief Financial Officer

Company

Ross Stores

William Sheehan
bill.sheehan@ros.com
DublinE CommerceFashionRetailLifestyle

Description

Ross Stores, Inc has announced that Adam Orvos will retire as executive VP and CFO, effective Sept 30. William Sheehan, currently group senior VP of finance, has been promoted to deputy CFO and is expected to succeed Orvos as CFO on Oct 1, bringing over 34 years of financial experience in the retail industry.

Quick answer

Ross Stores, Inc. Announces Retirement of CFO Adam Orvos and Promotion of William Sheehan to Deputy CFO (February 21, 2025). Ross Stores is based in Dublin, California, United States.

What did Ross Stores announce on February 21, 2025?
Ross Stores, Inc has announced that Adam Orvos will retire as executive VP and CFO, effective Sept 30. William Sheehan, currently group senior VP of finance, has been promoted to deputy CFO and is expected to succeed Orvos as CFO on Oct 1, bringing over 34 years of financial experience in the retail industry.
What does Ross Stores do?
Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2023 revenues of $20.4 billion.
Where is Ross Stores based?
Ross Stores is based in Dublin, California, United States.
Which similar companies made leadership changes around the same time?
Markwins Beauty Brands (February 18, 2025), Winky Lux (February 26, 2025), Wyse London (February 26, 2025) and J.Jill (February 28, 2025) also announced leadership changes within 45 days of Ross Stores.

Source: Fundz verified event record.

Other recent leadership changes in E Commerce and Fashion

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

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Company Information

Company

Ross Stores

Location

5130 Hacienda Drive

Dublin, California, United States

About

Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2023 revenues of $20.4 billion. Currently, the Company operates Ross Dress for Less® (“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,831 locations in 43 states, the District of Columbia, and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates 355 dd’s DISCOUNTS® stores in 22 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.