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Actionable news in CHS: CHICOS FAS Inc,

Departure of Directors or Certain

On April 14, 2016, Chicos FAS, Inc. (the Company) and Shelley Broader, the Companys Chief Executive Officer and President, entered into an amendment to Ms. Broaders employment letter agreement dated October 26, 2015. Ms. Broaders letter agreement originally provided that in connection with her participation in the Companys Executive Severance Plan (the Severance Plan), the occurrence of a change in control (within the meaning of the Companys 2012 Omnibus Stock and Incentive Plan) would constitute Good Reason for purposes of the Severance Plan. Pursuant to the amendment, a change in control will only...