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Ross Stores extends term of president/chief development officer until 2020

Ross Stores Inc. revised the retirement date of its president and chief development officer, James Fassio, for the second time, according to a Jan. 10 SEC filing.

Fassio and the apparel retailer first agreed in March 2017 to extend the executive's term until March 31, 2019.

Under the new amendment, Fassio will continue to serve as president and chief development officer until Jan. 31, 2020, after which he will become senior adviser from Feb. 1, 2020, to March 31, 2021.