Sprouts Farmers Market Management
Management criteria checks 2/4
Sprouts Farmers Market's CEO is Jack Sinclair, appointed in Jun 2019, has a tenure of 4.83 years. total yearly compensation is $9.51M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €12.99M. The average tenure of the management team and the board of directors is 3.8 years and 5.7 years respectively.
Key information
Jack Sinclair
Chief executive officer
US$9.5m
Total compensation
| CEO salary percentage | 12.5% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.8yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$10m | US$1m | US$259m |
| Oct 01 2023 | n/a | n/a | US$254m |
| Jul 02 2023 | n/a | n/a | US$254m |
| Apr 02 2023 | n/a | n/a | US$249m |
| Jan 01 2023 | US$7m | US$1m | US$261m |
| Oct 02 2022 | n/a | n/a | US$252m |
| Jul 03 2022 | n/a | n/a | US$250m |
| Apr 03 2022 | n/a | n/a | US$249m |
| Jan 02 2022 | US$6m | US$1m | US$244m |
| Oct 03 2021 | n/a | n/a | US$276m |
| Jul 04 2021 | n/a | n/a | US$273m |
| Apr 04 2021 | n/a | n/a | US$279m |
| Jan 03 2021 | US$8m | US$1m | US$287m |
| Sep 27 2020 | n/a | n/a | US$251m |
| Jun 28 2020 | n/a | n/a | US$217m |
| Mar 29 2020 | n/a | n/a | US$185m |
| Dec 29 2019 | US$7m | US$550k | US$150m |
Compensation vs Market: Jack's total compensation ($USD9.51M) is above average for companies of similar size in the German market ($USD3.35M).
Compensation vs Earnings: Jack's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jack Sinclair (62 yo)
4.8yrs
Tenure
US$9,513,410
Compensation
Mr. Jack L. Sinclair has been Chief Executive Officer and Director of Sprouts Farmers Market, Inc. since June 24, 2019. Mr. Sinclair has served as a board member of FMI – The Food Industry Association sinc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.8yrs | US$9.51m | 0.20% $ 13.0m | |
| President & COO | 2.1yrs | US$2.63m | 0.047% $ 3.0m | |
| Chief Legal & Sustainability Officer and Corporate Secretary | 12.3yrs | US$1.43m | 0% $ 0 | |
| Chief Merchandising Officer | 3.8yrs | US$1.92m | 0.0049% $ 309.9k | |
| Chief Financial Officer | less than a year | no data | 0.0024% $ 152.4k | |
| VP, Controller & Principal Accounting Officer | 4yrs | no data | 0.0049% $ 311.8k | |
| Chief Technology Officer | less than a year | no data | no data | |
| Vice President of Investor Relations & Treasury | no data | US$321.36k | no data | |
| Senior VP & Chief Marketing Officer | 1.3yrs | no data | 0.00067% $ 42.7k | |
| Chief Human Resources Officer | 3.3yrs | no data | 0.0057% $ 365.4k | |
| Chief Strategy Officer | 5.7yrs | US$2.03m | 0.019% $ 1.2m | |
| Senior Vice President & Chief Forager | 3.8yrs | no data | 0.0013% $ 83.5k |
3.8yrs
Average Tenure
50yo
Average Age
Experienced Management: 1FA's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.8yrs | US$9.51m | 0.20% $ 13.0m | |
| Independent Non-Executive Chairman | 10.9yrs | US$388.37k | 0.054% $ 3.4m | |
| Independent Director | 10.9yrs | US$287.44k | 0.040% $ 2.6m | |
| Independent Director | 4.4yrs | US$278.22k | 0.036% $ 2.3m | |
| Independent Director | 6.5yrs | US$257.44k | 0.034% $ 2.2m | |
| Independent Director | 4.2yrs | US$273.07k | 0.011% $ 695.1k | |
| Independent Director | 7.7yrs | US$287.44k | 0.051% $ 3.2m | |
| Independent Director | 1.9yrs | US$257.44k | 0.010% $ 661.3k |
5.7yrs
Average Tenure
60yo
Average Age
Experienced Board: 1FA's board of directors are considered experienced (5.7 years average tenure).