Vera Bradley shares surge 10.12% intraday after appointing Ivan Brockman, a strategic advisor with $100B transaction experience, to its board.

Vera Bradley surged 10.12% intraday following the announcement of Ivan Brockman’s appointment to its Board of Directors. Brockman, a Senior Advisor to PJT Partners with three decades of investment banking and advisory experience, has overseen over $100 billion in strategic transactions for major corporations and served as a private investor in high-profile startups. The company emphasized his expertise aligns with its ongoing strategic transformation, signaling confidence in strengthening governance and operational execution. The move, effective November 17, 2025, was highlighted as a critical step to enhance Vera Bradley’s long-term value, likely boosting investor optimism about the brand’s revitalization efforts.