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Posted 21 July, 2022

Vera Bradley, Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:VRA in a 8-K filed on 21 July, 2022.


  On July 21, 2022, the Company announced the planned retirement of Robert Wallstrom, President and Chief Executive Officer of Vera Bradley, Inc. (the "Company").  

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Overview of Vera Bradley, Inc.
Consumer Goods • Clothing
Vera Bradley, Inc. engages in the business of designing women's handbags, luggage, travel items, fashion, home accessories, and unique gifts. It operates through the following segments: Vera Bradley (VB) Direct, Vera Bradley Indirect, and Pura Vida. The VB Direct segment is involved in selling VB products through full-line and factory outlet stores, websites, online outlet site, and the VB annual outlet sale. The VB Indirect segment includes distribution of branded products to specialty retailers, select department stores, national accounts, third-party e-commerce sites, third-party inventory liquidators, and licensing agreements. The Pura Vida segment focuses on distributing products to wholesale retailers. The company was founded by Barbara Bradley Baekgaard and Patricia R. Miller in 1982 and is headquartered in Roanoke, IN.
Market Cap
$240M
View Company Details
Vera Bradley, Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 21, 2022, the Company announced the planned retirement of Robert Wallstrom, President and Chief Executive Officer of Vera Bradley, Inc. (the "Company"). Mr. Wallstrom is expected to remain as President and Chief Executive Officer of the Company until a successor has been named. 

On July 21, 2022, the Company issued a press release announcing the retirement of Robert Wallstrom. The press release is furnished as Exhibit 99.1 to this report.