Five Below CEO Steps Down as Comparable Sales Slip

Five Below has announced a leadership transition, with Joel Anderson stepping down from his roles of president and CEO, and from the board of directors, to pursue other interests. The Five Below board has launched a search for a permanent CEO, according to the release. Announcing the appointment of Bull, Vellios said in the release: "I have tremendous confidence in Ken and the senior leadership team who will continue to execute on our growth strategy." "With a long runway for continued growth and industry-l ...