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Vera Bradley Announces CFO Departure Agreement

Story Highlights
  • Vera Bradley, Inc. entered a Release Agreement with former CFO Michael Schwindle.
  • The agreement includes severance compensation and releases the company from employment claims.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vera Bradley Announces CFO Departure Agreement

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Vera Bradley ( (VRA) ) has shared an announcement.

On June 19, 2025, Vera Bradley, Inc. announced that it had entered into a Release and Waiver Agreement with its former Chief Financial Officer, Michael Schwindle, whose employment will terminate on June 30, 2025. As part of the agreement, Mr. Schwindle will receive severance compensation, including a lump sum payment and potential additional bonuses, in exchange for releasing the company from any claims related to his employment. This agreement marks a significant transition in the company’s leadership and may have implications for its financial operations and executive management strategy.

Spark’s Take on VRA Stock

According to Spark, TipRanks’ AI Analyst, VRA is a Neutral.

Vera Bradley’s overall stock score is driven primarily by financial challenges and valuation concerns. Despite strategic initiatives and partnerships, the company’s negative financial performance and lack of forward guidance weigh heavily on the score. Technical indicators provide some positive signals, but not enough to offset the broader financial and operational issues.

To see Spark’s full report on VRA stock, click here.

More about Vera Bradley

Vera Bradley, Inc. operates in the fashion industry, primarily focusing on designing and selling handbags, luggage, and fashion accessories. The company is known for its distinctive patterns and vibrant colors, targeting a market that appreciates stylish and functional products.

Average Trading Volume: 297,281

Technical Sentiment Signal: Sell

Current Market Cap: $65.08M

For an in-depth examination of VRA stock, go to TipRanks’ Overview page.

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