Bread Financial Holdings Management

Management criteria checks 3/4

Bread Financial Holdings' CEO is Ralph Andretta, appointed in Feb 2020, has a tenure of 4.75 years. total yearly compensation is $7.70M, comprised of 15% salary and 85% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth €6.60M. The average tenure of the management team and the board of directors is 3.3 years and 4.6 years respectively.

Key information

Ralph Andretta

Chief executive officer

US$7.7m

Total compensation

CEO salary percentage	15.0%
CEO tenure	4.8yrs
CEO ownership	0.2%
Management average tenure	3.3yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ralph Andretta's remuneration changed compared to Bread Financial Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$316m
Jun 30 2024	n/a	n/a	US$487m
Mar 31 2024	n/a	n/a	US$417m
Dec 31 2023	US$8m	US$1m	US$737m
Sep 30 2023	n/a	n/a	US$559m
Jun 30 2023	n/a	n/a	US$519m
Mar 31 2023	n/a	n/a	US$468m
Dec 31 2022	US$9m	US$1m	US$224m
Sep 30 2022	n/a	n/a	US$418m
Jun 30 2022	n/a	n/a	US$490m
Mar 31 2022	n/a	n/a	US$740m
Dec 31 2021	US$11m	US$1m	US$797m
Sep 30 2021	n/a	n/a	US$743m
Jun 30 2021	n/a	n/a	US$671m
Mar 31 2021	n/a	n/a	US$446m
Dec 31 2020	US$12m	US$914k	US$208m

Compensation vs Market: Ralph's total compensation ($USD7.70M) is above average for companies of similar size in the German market ($USD1.90M).

Compensation vs Earnings: Ralph's compensation has been consistent with company performance over the past year.

CEO

Ralph Andretta (66 yo)

4.8yrs

Tenure

US$7,697,586

Compensation

Mr. Ralph J. Andretta has been Chief Executive officer, President and Director at Bread Financial Holdings, Inc. (formerly known as Alliance Data Systems Corporation) since February 3, 2020. From 2011 to N...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ralph Andretta	President	4.8yrs	US$7.70m	0.24% € 6.6m
Perry Beberman	Executive VP & CFO	3.3yrs	US$3.00m	0.038% € 1.0m
Tammy McConnaughey	Executive VP and Chief Credit Risk & Operations Officer	3.8yrs	US$2.67m	0.073% € 2.0m
Joseph Motes	Executive VP	9.3yrs	US$2.71m	0.068% € 1.9m
Valerie Greer	Executive VP & Chief Commercial Officer	4.4yrs	US$3.00m	0.079% € 2.2m
Jonathan Campbell	Senior VP & Chief Accounting Officer	3yrs	no data	0.013% € 369.3k
Allegra Driscoll	Executive VP & CTO	less than a year	no data	no data
Brian Vereb	Head of Investor Relations	no data	no data	no data
Brandy Sullivan	Senior VP	2.2yrs	no data	no data
Wes Hunt	Senior Vice President of Operational Excellence	2.2yrs	no data	no data
Dashon Williford	Senior Vice President of Digital Strategy & Experience	3.8yrs	no data	no data
Robert Esque	Senior VP & Chief Risk Officer	less than a year	no data	no data

3.3yrs

Average Tenure

58yo

Average Age

Experienced Management: LID's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ralph Andretta	President	4.8yrs	US$7.70m	0.24% € 6.6m
Roger Ballou	Independent Chairman of the Board	23.8yrs	US$448.60k	0.036% € 1.0m
Timothy Theriault	Independent Director	8.1yrs	US$398.65k	0.0080% € 223.2k
John Gerspach	Independent Director	4.4yrs	US$289.91k	0.032% € 892.1k
Sharen Turney	Independent Director	5.4yrs	US$292.94k	0.0035% € 96.2k
Joyce St. Clair	Independent Director	1.3yrs	US$169.89k	no data
Laurie Tucker	Independent Director	9.4yrs	US$284.91k	0.0080% € 223.2k
John Fawcett	Independent Director	less than a year	no data	0.0060% € 167.2k
Rajesh Natarajan	Independent Director	4.4yrs	US$270.65k	no data
Praniti Lakhwara	Independent Director	less than a year	no data	no data

4.6yrs

Average Tenure

66yo

Average Age

Experienced Board: LID's board of directors are considered experienced (4.6 years average tenure).

Bread Financial Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Praniti Lakhwara Joins the Bread Financial Holdings, Inc.’s Board as an Independent Director

Bread Financial Holdings, Inc. Elects John J. Fawcett as Director

Bread Financial Holdings, Inc., Annual General Meeting, May 14, 2024

Bread Financial™ Announces Appointment of Allegra Driscoll as Executive Vice President and Chief Technology Officer

Insufficient new directors

Bread Financial Holdings, Inc. Appoints Joyce St. Clair as Independent Director, Member of the Board's Compensation Human Capital Committee and Risk Committee

Recent updates

Investor sentiment improves as stock rises 15%

Second quarter dividend of US$0.21 announced

Bread Financial Holdings, Inc. Declares Dividend on Common Stock, Payable on December 13, 2024

Investor sentiment improves as stock rises 17%

Bread Financial Holdings, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on September 13, 2024

Praniti Lakhwara Joins the Bread Financial Holdings, Inc.’s Board as an Independent Director

Bread Financial Holdings, Inc. Elects John J. Fawcett as Director

Bread Financial Holdings, Inc. Declares Quarterly Cash Dividend, Payable on June 14, 2024

Bread Financial Holdings, Inc., Annual General Meeting, May 14, 2024

Bread Financial Holdings, Inc. (NYSE:BFH) announces an Equity Buyback for $30 million worth of its shares.

Bread Financial Holdings, Inc. (NYSE:BFH) announces an Equity Buyback for $300 million worth of its shares.

Bread Financial Holdings, Inc. Declares Dividend on Common Stock, Payable on March 15, 2024

Bread Financial™ Announces Appointment of Allegra Driscoll as Executive Vice President and Chief Technology Officer

Upcoming dividend of US$0.21 per share at 2.9% yield

Bread Financial Holdings, Inc. Declares Dividend on Common Stock, Payable on Dec. 15, 2023

Insufficient new directors

Bread Financial Holdings, Inc. Appoints Joyce St. Clair as Independent Director, Member of the Board's Compensation Human Capital Committee and Risk Committee

Upcoming dividend of US$0.21 per share at 2.1% yield

Bread Financial Holdings, Inc. Provides Earnings Guidance for the Full Year 2023

Insufficient new directors

Bread Financial Holdings, Inc. (NYSE:BFH) entered into a definitive agreement to acquire Consumer Credit Portfolio of Dell Technologies Inc. (NYSE:DELL).

Bread Financial Holdings, Inc. Appoints Joyce St. Clair as Independent Director and Member of Risk Committee and Compensation & Human Capital Committee

Bread Financial Holdings, Inc. Provides Earnings Guidance for the First Half and Full Year of 2023

Bread Financial Holdings, Inc.(NYSE:BFH) dropped from S&P 400 Financials (Sector)

Bread Financial Declares Dividend on Common Stock, Payable on December 16, 2022

Bread Financial Holdings, Inc.(NYSE:BFH) dropped from S&P Software & Services Select Industry Index

Bread Financial Holdings, Inc. Provides Earnings Guidance for the Full Year 2022

Independent Director recently bought €190k worth of stock

Upcoming dividend of US$0.21 per share

Bread Financial Holdings, Inc., Annual General Meeting, May 24, 2022

High number of new directors

Bread Financial™ and Victoria’s Secret Launch New Co-Brand Mastercard®, Renew Long-Standing Partnership

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Alliance Data Systems Corporation Reports Net Charge-Offs for the Month Ended December 31, 2021

High number of new directors

High number of new directors

Alliance Data Systems Corporation (NYSE:ADS) entered into an agreement to acquire NFL Extra Points Credit Card Portfolio from NFL Enterprises LLC.

Upcoming dividend of US$0.21 per share

Third quarter 2021 earnings released: EPS US$4.49 (vs US$2.80 in 3Q 2020)

High number of new directors

High number of new directors

High number of new directors

Upcoming dividend of US$0.21 per share

Second quarter 2021 earnings released: EPS US$5.50 (vs US$0.81 in 2Q 2020)

Senior VP & Chief Accounting Officer recently sold €120k worth of stock

Upcoming dividend of US$0.21 per share

First quarter 2021 earnings released: EPS US$5.76 (vs US$0.63 in 1Q 2020)

Alliance Data Systems Corporation Reports Net Charge-Offs for the Three Months Ended March 31, 2021

Petco Health and Wellness Company, Inc. Announces Revolutionary Credit Card Program in Partnership with Alliance Data and Mastercard

Executive VP & CFO has left the company

Alliance Data Systems Corporation Reports Net-charge-Offs for the Month Ended February 28, 2021

Full year 2020 earnings released: EPS US$6.17 (vs US$11.26 in FY 2019)

Revenue beats expectations

New 90-day high: €73.05

New 90-day high: €70.81

Investor sentiment improved over the past week

Independent Director recently bought €340k worth of stock

Alliance Data Systems Corporation Introducing New Private Label Credit Card Program for Famous Footwear

Full year 2020 earnings released: EPS US$6.17 (vs US$11.26 in FY 2019)

Revenue beats expectations

Royal Bank of Canada and Alliance Data's Bread Form Strategic Alliance to Provide Canadians with More Ways to Pay with PayPlan Powered by RBC

Alliance Data Systems Corporation(NYSE:ADS) dropped from INDUSTRIALS

Alliance Data Systems Corporation (NYSE:ADS) completed the acquisition of Lon Operations LLC.

Market bids up stock over the past week

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$2.80

New 90-day high: €49.68

Market bids up stock over the past week

Alliance Data Systems Corporation (NYSE:ADS) entered into a definitive agreement to acquire Lon Operations LLC for transaction valuation of $450 million.