Form 8-K · Current Report · Filed 2026-08-04
Matthew Pasch to Depart as Executive Vice President and Chief Human Resources Officer
On July 31, 2026, Burlington Stores, Inc. announced that Matthew Pasch, its Executive Vice President and Chief Human Resources Officer, will be departing from the Company effective September 1, 2026. Pasch's departure entitles him to benefits under the Burlington Stores, Inc. Executive Severance Plan, as detailed in the Severance Agreement entered into on the same date. John Pershing is expected to succeed Pasch as the Company's Executive Vice President and Chief Human Resources Officer effective October 2026. Pershing previously held similar positions at Barnes & Noble, Canadian Tire Corporation, and Ascena Retail Group.
- Filer
- Burlington Stores Inc. BURL · NYSE
- Filed
- Accession
- 0001193125-26-332853
- CIK
- 0001579298
- Signal
- High impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$368.23
Next session
+0.3%
Since filing
-11.3%
Latest close
$326.64
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from BURL reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, BURL insiders reported 14 Form 4 transactions — net selling of $1.2M.
About Burlington Stores Inc.
Burlington Stores Inc. is a leading off-price retailer specializing in clothing, footwear, accessories, and home goods. Operating under the brand name Burlington, the company offers a wide array of affordable products, catering to value-conscious consumers. Established in 1972, Burlington has grown to become a significant player in the retail sector, with over 700 stores across the United States. The company's business model focuses on providing high-quality merchandise at substantially discounted prices compared to traditional department stores. This approach allows Burlington to reach diverse demographic groups, including families, young professionals, and individuals seeking trendy yet economical options. Beyond clothing, Burlington’s product range extends into beauty products and home décor, broadening its market appeal. In the financial market, Burlington Stores Inc. is recognized for its consistent growth and operational efficiency, often regarded as a benchmark in the off-price retail segment. By continuously adapting to changing consumer preferences and economic conditions, Burlington remains a prominent entity in the competitive retail landscape.
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