UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) January 3, 2023
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ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(d) Appointment of Directors
On January 3, 2023, the Board of Directors (“Board”) of Nordstrom, Inc. (“Company”) appointed Atticus Tysen, age 57, to the Board. The appointment was effective immediately.
Since August 2021, Mr. Tysen has served as SVP Product Development, Chief Information Security and Fraud Prevention Officer at Intuit Inc. In that role, Mr. Tysen is responsible for the systems supporting Intuit’s core IT functions, as well as its cybersecurity and fraud prevention operations. Mr. Tysen joined Intuit in 2002, and has held positions of increasing responsibility throughout that tenure, including serving as the company’s SVP and CIO from August 2013 to January 2020 and the company’s SVP, Chief Information Security Officer, Chief Fraud Prevention Officer and Chief Information Officer from February 2020 to July 2021. Prior to joining Intuit, Mr. Tysen served as vice president of engineering at Aveo, Inc., where he set overall technical direction and led teams to build and deliver proactive technology support and messaging systems for personal computer manufacturers. Mr. Tysen holds a bachelor’s degree in computer science from Stanford University, and brings to the Board a wealth of knowledge and experience regarding information technology and information security.
As a nonemployee director, Mr. Tysen will receive compensation for his service on the Board equivalent to the cash retainer and common stock award compensation described under the caption “Director Compensation” of the Company’s proxy statement that was filed with the Securities and Exchange Commission (“SEC”) on April 7, 2022. He will also be eligible to participate in the Company’s other compensation benefit plans and programs for nonemployee directors as described in the proxy statement. In addition, the Company plans to enter into its standard Independent Director Indemnification Agreement with Mr. Tysen, the form of which was filed with the SEC as exhibit 10.78 to the Company’s Annual Report on Form 10-K for the year ended January 29, 2011.
There are no transactions between the Company and Mr.Tysen which require disclosure pursuant to Item 404(a) of Regulation S-K.
ITEM 9.01 Financial Statements and Exhibits
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NORDSTROM, INC. | |||||
| (Registrant) | |||||
| /s/ Ann Munson Steines | |||||
| Ann Munson Steines | |||||
| Chief Legal Officer, | |||||
| General Counsel and Corporate Secretary | |||||
Date: January 5, 2023