DirectorMoves ~ Ashley Buchanan

Michaels Companies (NASDAQ: MIK) $1.17b Ashley Buchanan named CEO- designate joins Board x- Walmart US eCommerce Chief Operating / Merchandising Officer succeeds Mark Cosby continues on Board

$$$$ Base salary $1,200,000; Bonus 125% of base; Equity annual grants 500,000 SO, RSU value $1,666,666; Equity sign-on $3,667,652- make whole and vest over two years plus 500,000 SO & 795,000- make whole RSU

https://investors.michaels.com/corporate-governance/board-of-directors