TrueBlue (NYSE: TBI) appoints Brian Capone as Chief Accounting Officer

Rhea-AI Filing Summary

TrueBlue, Inc. reported a leadership change in its finance organization. The company appointed Brian Capone as Senior Vice President and Chief Accounting Officer, effective January 12, 2026, succeeding Carl Schweihs in the role of principal accounting officer. Mr. Schweihs will continue as Executive Vice President and Chief Financial Officer.

Capone brings prior chief accounting officer and controller experience from Avaya, embecta Corp., and Cantel Medical Corporation, along with earlier finance roles at Stryker and Quest Diagnostics. Under his employment agreement, he will receive a base salary of $315,000, eligibility starting in 2027 for annual equity awards equal to 30% of base salary and a cash bonus of up to 30% of base salary tied to performance, and a one-time cash award equal to 40% of base salary that vests over four years. He will also enter into standard indemnification and noncompetition agreements with the company.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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 6, 2026

TrueBlue, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Washington

(State or Other Jurisdiction

of Incorporation)

001-14543						91-1287341
(Commission File Number)						(IRS Employer Identification No.)

1015 A Street, Tacoma, Washington 98402

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:    (253) 383-9101

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common stock, no par value			TBI			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 12, 2026, TrueBlue, Inc. (the “Company”) announced Brian Capone has been appointed Senior Vice President and Chief Accounting Officer of the Company, effective January 12, 2026. Mr. Capone will succeed Carl Schweihs, who was serving as the Company’s principal accounting officer. Mr. Schweihs will continue in his role as the Company’s Executive Vice President and Chief Financial Officer.

Prior to joining the Company, Mr. Capone, age 50, served as Senior Vice President, Chief Accounting Officer at Avaya from 2024 to 2025. Before that, from 2021 to 2024, he was Vice President, Corporate Controller and Chief Accounting Officer at embecta Corp., and was Senior Vice President, Corporate Controller and Chief Accounting Officer at Cantel Medical Corporation from 2017 to 2021. Earlier in his career, he held accounting and financial reporting leadership roles at Stryker Corporation and Quest Diagnostics, Inc. Mr. Capone earned a B.S. in Business Administration from Montclair State University and is a certified public accountant.

In connection with Mr. Capone’s appointment as Senior Vice President and Chief Accounting Officer, the Company and Mr. Capone entered into an employment agreement effective as of January 12, 2026 (the “Employment Agreement”). Pursuant to the Employment Agreement, Mr. Capone will earn an annual base salary of $315,000, and beginning in 2027, will be eligible to receive additional annual compensation in the form of an equity award of 30% of his base salary, and up to 30% of his base salary in a cash bonus, subject to the achievement of certain performance objectives. He will also receive a one-time cash award equal to 40% of his base salary, which will vest ratably over a four-year period. The Company will also enter into its standard forms of indemnification agreement and noncompetition agreement with Mr. Capone.

There are no arrangements or understandings between Mr. Capone and any other persons pursuant to which he was appointed as Senior Vice President and Chief Accounting Officer, and no family relationships among any of the Company’s directors or executive officers and Mr. Capone. Mr. Capone has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 9.01. Financial Statements and Exhibits.

(d)Exhibits

Exhibit Number			Exhibit Description			Filed Herewith
104			Cover page interactive data file - The cover page from this Current Report on Form 8-K is formatted as Inline XBRL			X

SIGNATURE

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.

 

TRUEBLUE, INC.

(Registrant)

Date:

January 12, 2026

By:

/s/ Todd N. Gilman

Todd N. Gilman

Senior Vice President, Deputy General Counsel, Corporate Secretary

FAQ

What executive change did TrueBlue (TBI) announce on January 12, 2026?

TrueBlue announced that Brian Capone was appointed Senior Vice President and Chief Accounting Officer, effective January 12, 2026, succeeding Carl Schweihs as the company’s principal accounting officer. Mr. Schweihs will continue to serve as Executive Vice President and Chief Financial Officer.

What is the compensation package for TrueBlue’s new Chief Accounting Officer, Brian Capone?

Under his employment agreement, Brian Capone will receive an annual base salary of $315,000. Beginning in 2027, he will be eligible for an annual equity award of 30% of base salary and a cash bonus of up to 30% of base salary, subject to performance. He will also receive a one-time cash award equal to 40% of his base salary, vesting ratably over four years.

What is Brian Capone’s professional background before joining TrueBlue (TBI)?

Before joining TrueBlue, Brian Capone served as Senior Vice President, Chief Accounting Officer at Avaya from 2024 to 2025. From 2021 to 2024, he was Vice President, Corporate Controller and Chief Accounting Officer at embecta Corp., and from 2017 to 2021 he was Senior Vice President, Corporate Controller and Chief Accounting Officer at Cantel Medical Corporation. Earlier, he held accounting and financial reporting leadership roles at Stryker Corporation and Quest Diagnostics, Inc.

Does Brian Capone have any related-party relationships with TrueBlue or its executives?

The company states there are no arrangements or understandings with other persons pursuant to which Brian Capone was appointed, no family relationships between him and any directors or executive officers, and that he has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.

What additional agreements will TrueBlue enter into with Brian Capone?

TrueBlue will enter into its standard forms of indemnification agreement and noncompetition agreement with Brian Capone, in addition to his employment agreement effective as of January 12, 2026.

What are TrueBlue’s listed securities and trading symbol?

TrueBlue’s common stock, no par value, is listed on the New York Stock Exchange under the trading symbol TBI.