Management ChangeAug 4, 2026, 04:26 PM
Burlington Stores CHRO Matthew Pasch Departs; John Pershing Appointed
AI Summary
Burlington Stores, Inc. announced that Matthew Pasch, Executive Vice President and Chief Human Resources Officer, will depart the company effective September 1, 2026. Mr. Pasch will receive severance benefits and pro-rata vesting of his 2024 performance-based restricted stock unit award. John Pershing is expected to succeed Mr. Pasch as EVP and CHRO, with his appointment effective in October 2026. Mr. Pershing brings extensive HR leadership experience from previous roles at Barnes & Noble, Canadian Tire Corporation, Ascena Retail Group, and Best Buy.
Key Highlights
- Matthew Pasch, EVP and Chief Human Resources Officer, is departing Burlington Stores.
- Mr. Pasch's departure is effective September 1, 2026.
- He will receive benefits under the Executive Severance Plan and a Severance Agreement.
- His 2024 performance-based restricted stock unit award will vest pro-rata.
- John Pershing is expected to succeed Mr. Pasch as EVP and CHRO.
- Mr. Pershing's appointment is effective October 2026.
- Pershing previously served as CHRO for Barnes & Noble, Canadian Tire Corporation, and Ascena Retail Group.
Price Impact
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