Grocery Outlet Holding Corp. CEO Eric Lindberg's 2021 pay falls 26% to $4M
Grocery Outlet Holding Corp. reports 2021 executive compensation
By ExecPay News
Published: April 22, 2022
Grocery Outlet Holding Corp. reported fiscal year 2021 executive compensation information on April 22, 2022.
In 2021, five executives at Grocery Outlet Holding Corp. received on average a compensation package of $2.2M, a 26% decrease compared to previous year.
Average pay of disclosed executives at Grocery Outlet Holding Corp.
Eric J. Lindberg, Jr, Chief Executive Officer, received $4M in total, which decreased by 26% compared to 2020. 80% of Lindberg's compensation, or $3.2M, was in stock awards. Lindberg also received $799K in salary and $10K in other compensation.
For fiscal year 2021, the median employee pay was $50,531 at Grocery Outlet Holding Corp.. Therefore, the ratio of Eric J. Lindberg, Jr's pay to the median employee pay was 79 to one.
Robert Joseph Sheedy, Jr, President, received a compensation package of $2.4M, which decreased by 19% compared to previous year. 75% of the compensation package, or $1.8M, was in stock awards.
Charles C. Bracher, Chief Financial Officer, earned $1.7M in 2021, a 28% decrease compared to previous year.
Steven K. Wilson, Chief Purchasing Officer, received $1.4M in 2021.
Pamela B. Burke, Chief Administrative Officer, earned $1.3M in 2021, a 30% decrease compared to previous year.
Related executives
Eric Lindberg
Grocery Outlet Holding Corp.
Chief Executive Officer
Charles Bracher
Grocery Outlet Holding Corp.
Chief Financial Officer
Robert Sheedy
Grocery Outlet Holding Corp.
President
Steven Wilson
Grocery Outlet Holding Corp.
Chief Purchasing Officer
Pamela Burke
Grocery Outlet Holding Corp.
Chief Administrative Officer
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Source: SEC filing on April 22, 2022.