CEOs got millions after boards ‘neutralized' the impact of tariffs. Some won't say what it was worth [Fortune]
Ross Stores, Inc. (ROST)
Last ross stores, inc. earnings: 3/3 04:01 pm
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US:NASDAQ Investor Relations:
investors.rossstores.com
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Source: Fortune
Recommended Video At its January 2025 board meeting, the compensation committee of RTX, formerly Raytheon , pre-authorized the removal of tariff impacts on business metrics related to Calio's pay months before President Trump announced a set of sweeping Liberation Day tariffs on April 2, 2025 that upended global supply chains. The RTX comp committee said that the tariff-cost impact “should be neutralized” for determining annual bonus payouts because the tariffs were “externally imposed, unpredictable and unrelated to operational execution.” Calio's annual bonus hit $5.1 million, an 85% increase over the $2.76 million the company paid him the year before. How much of that growth was attributable to the tariff exclusion, RTX did not disclose. Calio wasn't the only one. At Ross Stores , the compensation committee approved a similar adjustment on May 21, 2025, the proxy states , stripping tariff costs from calculations used to determine bonuses and long-term incentive payouts. CE
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ROST
News
- Madison Mid Cap Fund Q1 2026 Investment Strategy Letter [Seeking Alpha]Seeking Alpha
- How The Ross Stores (ROST) Narrative Is Shifting After Q4 Beat And Higher Price Targets [Yahoo! Finance]Yahoo! Finance
- Ross Stores (ROST) had its "buy" rating reaffirmed by Guggenheim.MarketBeat
- Brands and Retailers: What is the state of the marketing landscape [Yahoo! Finance]Yahoo! Finance
- Barclays lists retail sector winners and losers in an oil shock [Yahoo! Finance]Yahoo! Finance
ROST
Earnings
- 3/3/26 - Beat
ROST
Sec Filings
- 4/7/26 - Form ARS
- 4/7/26 - Form DEFA14A
- 4/7/26 - Form DEF
- ROST's page on the SEC website