SpartanNash Management
Management criteria checks 2/4
SpartanNash's CEO is Tony Sarsam, appointed in Sep 2020, has a tenure of 4.08 years. total yearly compensation is $9.98M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth €2.90M. The average tenure of the management team and the board of directors is 3.5 years and 2.7 years respectively.
Key information
Tony Sarsam
Chief executive officer
US$10.0m
Total compensation
| CEO salary percentage | 9.8% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.5yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 13 2024 | n/a | n/a | US$46m |
| Apr 20 2024 | n/a | n/a | US$54m |
| Dec 30 2023 | n/a | n/a | US$52m |
| Oct 07 2023 | n/a | n/a | US$43m |
| Jul 14 2023 | n/a | n/a | US$41m |
| Apr 22 2023 | n/a | n/a | US$27m |
| Dec 31 2022 | US$10m | US$900k | US$35m |
| Oct 08 2022 | n/a | n/a | US$56m |
| Jul 16 2022 | n/a | n/a | US$62m |
| Apr 23 2022 | n/a | n/a | US$74m |
| Jan 01 2022 | US$5m | US$860k | US$74m |
| Oct 09 2021 | n/a | n/a | US$64m |
| Jul 17 2021 | n/a | n/a | US$68m |
| Apr 24 2021 | n/a | n/a | US$80m |
| Jan 02 2021 | US$2m | US$245k | US$76m |
Compensation vs Market: Tony's total compensation ($USD9.98M) is above average for companies of similar size in the German market ($USD1.40M).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
CEO
Tony Sarsam (62 yo)
4.1yrs
Tenure
US$9,977,490
Compensation
Mr. Tony Bashir Sarsam is Director of Topco Associates, LLC. Mr. Sarsam is Independent Director at Mission Produce, Inc. since August 14, 2023. He serves as President for SpartanNash Company.He has been C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.1yrs | US$9.98m | 0.44% $ 2.9m | |
| Executive VP & CFO | 3.6yrs | US$2.99m | 0.14% $ 893.6k | |
| Executive VP | 2.1yrs | US$1.64m | 0.051% $ 335.7k | |
| Executive VP & Chief Merchandising Officer | 2.8yrs | US$1.56m | 0.031% $ 205.3k | |
| VP, Corporate Controller & Principal Accounting Officer | 3.6yrs | no data | 0.037% $ 238.8k | |
| Head of Investor Relations | no data | no data | no data | |
| Executive VP | 2.9yrs | no data | 0.026% $ 166.5k | |
| Senior VP of Communications & Executive Director of SpartanNash Foundation | 3.5yrs | no data | no data | |
| Vice President of Treasury & Corporate Development | 7.6yrs | no data | no data | |
| Senior VP & Chief Marketing Officer | less than a year | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.1yrs | no data | no data | |
| Executive VP & GM of Corporate Retail | 6yrs | US$1.45m | 0.090% $ 584.7k |
3.5yrs
Average Tenure
48yo
Average Age
Experienced Management: SRJ's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.1yrs | US$9.98m | 0.44% $ 2.9m | |
| Independent Director | 2.7yrs | US$287.90k | 0.031% $ 204.8k | |
| Independent Director | 21.2yrs | US$305.40k | 0.16% $ 1.0m | |
| Independent Chairman of the Board | 10.9yrs | US$378.34k | 0.19% $ 1.2m | |
| Independent Director | less than a year | US$40.52k | 0.0055% $ 35.6k | |
| Independent Director | 1.8yrs | no data | no data | |
| Independent Director | 2.7yrs | US$272.90k | 0.031% $ 204.8k | |
| Independent Director | 2.7yrs | US$287.90k | 0.031% $ 204.8k | |
| Independent Director | 1.2yrs | US$101.95k | 0.014% $ 91.6k |
2.7yrs
Average Tenure
60yo
Average Age
Experienced Board: SRJ's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.