Five Below, Inc. has announced two senior leadership appointments, naming Rodney Lastinger as Chief Retail Officer and Christos Yatrakis as Chief Legal Officer. Both executives will report to Kenneth Bull, Chief Operating Officer. The appointments were announced on June 17, 2026, from the company's headquarters in Philadelphia, Pennsylvania.

Leadership Appointments at a Glance

The two appointments bring seasoned retail and legal expertise to Five Below's leadership team. Key details of each appointment are outlined below:

Rodney Lastinger — Chief Retail Officer

Rodney Lastinger is a seasoned retail executive with extensive experience leading large-scale operations across national and international markets. Most recently, he served as Chief Operating Officer at GNC, where he directed operations across more than 2,200 franchise and corporate stores nationwide, improving comparable sales trends and EBITDA through operational transformation and supply chain optimization.

Prior to GNC, Lastinger served as President, Retail, at Conn's Home Plus, leading all company operations including stores, supply chain, merchandising, in-home sales and service, and real estate. Earlier in his career, he spent 18 years at Target Corporation, progressing through roles of increasing responsibility to Senior Vice President, Stores. In his new role, Lastinger will be responsible for leading the operational performance of Five Below's growing network of nearly 2,000 stores.

Christos Yatrakis — Chief Legal Officer

Christos Yatrakis brings more than 20 years of experience leading legal functions for global public consumer companies. Most recently, he served as Chief People & Legal Officer at Allbirds, Inc., where he oversaw legal, corporate governance, SEC compliance, and people functions for operations spanning more than 20 countries.

Prior to Allbirds, Yatrakis held senior legal and operational roles at Gymshark USA Inc., including General Manager, North America, and at Arrow Electronics, Inc., where he served as Vice President, Legal Affairs. In his new capacity, he will oversee Five Below's legal function, with a focus on corporate governance and public company compliance.

Executive Commentary

Chief Executive Officer Winnie Park welcomed both appointments, highlighting the complementary strengths each executive brings to the organization.

• On Lastinger: Park noted his "exceptional operational leadership and a proven track record of driving results and building high-performing teams across large, multi-unit organizations," adding that his "fresh perspective and customer-focused approach will be invaluable" as the company continues store expansion.
• On Yatrakis: Park highlighted his "deep expertise in corporate governance and public company compliance, as well as broad business acumen and enterprise leadership experience."

Five Below, founded in 2002 and headquartered in Philadelphia, Pennsylvania, currently operates over 1,900 stores across 46 states, offering trend-right, extreme-value products with most items priced between $1 and $5.

Five Below, Inc. has elected Robert Lynch as a new independent director to its Board of Directors, effective immediately, bringing the total Board membership to nine. Mr. Lynch currently serves as the Chief Executive Officer of Shake Shack, Inc., a position he has held since May 2024. His appointment is aimed at leveraging his broad experience in leading multi-unit consumer companies to support Five Below's growth strategy and long-term opportunities.

Board Expansion and Leadership

The election of Mr. Lynch marks a strategic expansion of Five Below's corporate governance structure. Mike Devine, Chairman of Five Below, highlighted the value of Lynch's experience in driving growth within the retail sector. The addition of an independent director with a strong operational background is intended to bolster the Board's oversight capabilities as the company executes its strategic initiatives.

Professional Background

Robert Lynch brings a wealth of executive experience to his new role. Prior to his tenure at Shake Shack, he served as the President and Chief Executive Officer of Papa John's International, Inc. His career also includes leadership roles at Arby's Restaurant Group, Inc., where he was President from August 2017 to August 2019, and positions at Taco Bell, H.J. Heinz Company, and Procter & Gamble. Additionally, Mr. Lynch served on the board of directors at Kontoor Brands, Inc. from March 2021 to April 2026.

Strategic Outlook

Expressing his enthusiasm for the new role, Mr. Lynch noted his respect for Five Below's unique value proposition and its position as a growth retailer. He emphasized his focus on working with the Board and management team to strengthen the brand and deepen customer connections. The appointment aligns with Five Below's objective to capitalize on substantial long-term opportunities in the retail market.

Five Below Profile