Ross Stores announced Adam Orvos will retire as executive vice president and CFO, effective September 30, 2025. William Sheehan, currently group senior vice president, finance, has been promoted to deputy CFO with the expectation he will succeed Orvos as CFO on October 1.
Sheehan joined Ross in February 2006 and has served in roles of increasing responsibility across the finance organization. Before joining Ross, Sheehan held posts at Lord & Taylor.
In announcing the transition, Jim Conroy, Ross CEO, said, “On behalf of our Board of Directors and the entire Company, we thank Adam for his financial leadership and expertise that have proven to be valuable assets in contributing to our strong financial position. We extend our best wishes to him and his family. We also congratulate Bill on his promotion and look forward to his future contributions.”
Ross, meanwhile, said it would open six additional Ross Dress for Less stores, with three in Florida and one each in California, Washington and Georgia.
