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The Brand House Collective, Inc. (NASDAQ:TBHC), a retail company with a market capitalization of $35.4 million, announced Monday that Lisa Foley Dubois has been appointed as chief marketing officer, effective the same day. According to InvestingPro data, the company faces significant operational challenges, with revenue declining 8.63% over the last twelve months. The announcement was made in a press release statement and disclosed in a filing with the Securities and Exchange Commission.
According to the employment agreement, Ms. Foley Dubois will receive an annual base salary of at least $375,000, subject to periodic review and adjustment by the company’s compensation committee. She will participate in the company’s annual bonus plans for senior executives, with a target bonus set at 50% of her base salary. The actual bonus amount will be determined by the compensation committee based on established corporate and individual performance objectives.
Ms. Foley Dubois will also be eligible to participate in the company’s long-term incentive compensation program and all employee benefit plans available to senior management.
The employment agreement allows for termination by either party. If the company terminates Ms. Foley Dubois without cause, or if she resigns for “good reason” as defined in the agreement, she will be entitled to severance equal to one year of her base salary, paid in regular payroll cycles. Severance is contingent on her signing a release. If employment ends for other reasons, including termination for cause or voluntary resignation without good reason, she will receive only accrued and unpaid base salary through the cessation date.
The agreement includes a non-competition clause, restricting Ms. Foley Dubois from working with certain competitors for 12 months after leaving the company. The company can extend this period by up to an additional 12 months by continuing to pay her base salary during the extension. Additional restrictive covenants, such as confidentiality and non-solicitation, will apply for 24 months following termination.
The company stated there are no arrangements or understandings with any other person that led to Ms. Foley Dubois’s appointment, and she is not party to any related person transactions requiring disclosure.
This information is based on a press release statement and details provided in the SEC filing. The company is scheduled to report its next earnings on November 27, 2025. Investors seeking deeper insights into TBHC’s financial health and growth prospects can access comprehensive analysis and additional ProTips through InvestingPro’s detailed research reports, which transform complex Wall Street data into actionable intelligence.
In other recent news, The Brand House Collective announced its second-quarter results, which did not meet analyst expectations. The company’s revenue declined by nearly 12% year-over-year. This shortfall comes as The Brand House Collective is undergoing a transition period marked by the opening of its first Bed Bath & Beyond Home store and recent intellectual property transactions. These developments have been significant for the company as it navigates through its current business strategy. The earnings report highlights the challenges the company faces in aligning its operations with its strategic goals. The revenue decline indicates a potential impact on the company’s financial health during this transitional phase. Despite these challenges, the company continues to focus on its strategic initiatives.
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