Chewy, Inc. (Chewy), a leading online retailer of pet food and products, filed an amended annual report for the fiscal year ended January 29, 2023. The amendment includes required information previously omitted from the original 10-K filing due to an inadvertent delay in filing the company's definitive proxy statement. The amendment restates Items 10 through 14 of Part III of the 10-K, providing detailed information on directors, executive officers, corporate governance, executive compensation, and equity ownership among management and certain beneficial owners. Chewy's board consists of twelve directors with diverse backgrounds, including finance, investments, venture capital, business operations, e-commerce, corporate governance, and compliance. The board's composition aligns with strategic oversight needs, with many directors having experience on other public company...Show More

Chewy, Inc. (Chewy), a leading online retailer of pet food and products, filed an amended annual report for the fiscal year ended January 29, 2023. The amendment includes required information previously omitted from the original 10-K filing due to an inadvertent delay in filing the company's definitive proxy statement. The amendment restates Items 10 through 14 of Part III of the 10-K, providing detailed information on directors, executive officers, corporate governance, executive compensation, and equity ownership among management and certain beneficial owners. Chewy's board consists of twelve directors with diverse backgrounds, including finance, investments, venture capital, business operations, e-commerce, corporate governance, and compliance. The board's composition aligns with strategic oversight needs, with many directors having experience on other public company boards. The company's executive compensation program is designed to align with company performance, with a significant portion of NEO compensation being variable and at-risk, tied to measurable performance objectives. Chewy's executive officers and directors collectively hold 2.1% of the company's Class A common stock. BC Partners Holdings Limited/Argos Holdings GP LLC, a significant shareholder, holds all of Chewy's Class B common stock, representing 96.4% of the total voting power. The company has entered into various transactions with BC Partners and its affiliates, including service agreements and a tax matters agreement. Chewy's CEO's spouse, Aseemita Malhotra, leads the Healthcare vertical and received total cash compensation of $492,550 for fiscal year 2022, along with equity awards. The company maintains a related party transactions policy, administered by the Audit Committee, to review and approve such transactions.