Hibbett Management

Management criteria checks 3/4

Hibbett's CEO is Mike Longo, appointed in Dec 2019, has a tenure of 4.42 years. total yearly compensation is $2.06M, comprised of 41.2% salary and 58.8% bonuses, including company stock and options. directly owns 0.77% of the company’s shares, worth €7.43M. The average tenure of the management team and the board of directors is 4.3 years and 4.8 years respectively.

Key information

Mike Longo

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage	41.2%
CEO tenure	4.4yrs
CEO ownership	0.8%
Management average tenure	4.3yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Longo's remuneration changed compared to Hibbett's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 03 2024	n/a	n/a	US$103m
Oct 28 2023	n/a	n/a	US$111m
Jul 29 2023	n/a	n/a	US$111m
Apr 29 2023	n/a	n/a	US$125m
Jan 28 2023	US$2m	US$850k	US$128m
Oct 29 2022	n/a	n/a	US$107m
Jul 30 2022	n/a	n/a	US$107m
Apr 30 2022	n/a	n/a	US$129m
Jan 29 2022	US$3m	US$700k	US$174m
Oct 30 2021	n/a	n/a	US$181m
Jul 31 2021	n/a	n/a	US$181m
May 01 2021	n/a	n/a	US$174m
Jan 30 2021	n/a	n/a	US$74m
Oct 31 2020	n/a	n/a	US$56m
Aug 01 2020	n/a	n/a	US$33m
May 02 2020	n/a	n/a	-US$16m
Feb 01 2020	US$4m	US$369k	US$27m

Compensation vs Market: Mike's total compensation ($USD2.06M) is above average for companies of similar size in the German market ($USD1.18M).

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

CEO

Mike Longo (62 yo)

4.4yrs

Tenure

US$2,064,425

Compensation

Mr. Michael E. Longo, also known as Mike, serves as Director at Federal Reserve Bank of Atlanta since January 2024. He serves as Chief Executive Officer, President and Non-Independent Director at Hibbett,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Longo	President	4.4yrs	US$2.06m	0.77% $ 7.4m
Robert Volke	Senior VP of Accounting & Finance and CFO	4.1yrs	US$698.69k	0.18% $ 1.7m
Benjamin Knighten	Senior Vice President of Store Operations	4.2yrs	US$764.44k	0.14% $ 1.3m
William Quinn	Senior Vice President of Marketing & Digital	5.1yrs	US$764.44k	0.16% $ 1.5m
Jared Briskin	Executive Vice President of Merchandising	9.7yrs	US$949.41k	0.40% $ 3.9m
Ronald Blahnik	Senior VP & Chief Information Officer	7.5yrs	US$1.17m	0.40% $ 3.9m
Gavin Bell	Vice-President of Investor Relations & Treasury	no data	no data	no data
David Benck	Senior VP	16.1yrs	no data	0.24% $ 2.3m
Mark Gunn	Senior VP & Chief Human Resources Officer	less than a year	no data	no data
Michael McAbee	Senior Vice President of Supply Chain & Store Development	2.2yrs	no data	0.16% $ 1.5m
Jonalin Smith	Senior Vice President of Merchandising	2.2yrs	no data	0.0035% $ 34.0k
Elaine Rodgers	Corporate Secretary	no data	no data	no data

4.3yrs

Average Tenure

55yo

Average Age

Experienced Management: HB6's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Longo	President	4.4yrs	US$2.06m	0.77% $ 7.4m
Michael Newsome	Chairman Emeritus	5yrs	US$218.61k	no data
Terrance Finley	Independent Director	16.2yrs	US$224.78k	0.027% $ 259.5k
Anthony Crudele	Independent Chairman of the Board	12yrs	US$280.01k	0.38% $ 3.6m
Lorna Nagler	Independent Director	4.8yrs	US$205.00k	0.12% $ 1.2m
Ramesh Chikkala	Independent Director	2yrs	US$122.69k	0.039% $ 370.8k
Dorlisa Flur	Independent Director	4.8yrs	US$205.00k	0.031% $ 298.7k
Linda Hubbard	Independent Director	3yrs	US$169.12k	0.043% $ 415.2k
Karen Etzkorn	Independent Director	7.5yrs	US$180.00k	0.030% $ 284.2k
James Hilt	Independent Director	6.8yrs	US$180.00k	0.025% $ 239.5k
Pamela Edwards	Independent Director	1.9yrs	US$97.65k	0.036% $ 348.2k

4.8yrs

Average Tenure

62yo

Average Age

Experienced Board: HB6's board of directors are considered experienced (4.8 years average tenure).

Hibbett Management

Management criteria checks 3/4

Key information

Recent management updates

Senior VP & Chief Information Officer recently sold €118k worth of stock

President recently bought €255k worth of stock

Hibbett, Inc. Announces Management Changes

High number of new directors

Hibbett, Inc., Annual General Meeting, May 25, 2022

Hibbett, Inc. Announces Executive Changes

Recent updates

JD Sports Fashion Plc (LSE:JD.) entered into a binding agreement to acquire Hibbett, Inc. (NasdaqGS:HIBB) for $1.1 billion.

Investor sentiment improves as stock rises 20%

JD Sports Fashion Plc (LSE:JD.) entered into a binding agreement to acquire Hibbett, Inc. (NasdaqGS:HIBB) for $1.1 billion.

JD Sports Fashion Plc (LSE:JD.) entered into a binding agreement to acquire Hibbett, Inc. (NasdaqGS:HIBB) for $1.1 billion.

Full year 2024 earnings released: EPS: US$8.34 (vs US$9.89 in FY 2023)

Hibbett, Inc. Provides Earnings Guidance for the Fiscal Year Ending February 1, 2025

Upcoming dividend of US$0.25 per share

Hibbett, Inc. to Report Q4, 2024 Results on Mar 15, 2024

Third quarter dividend of US$0.25 announced

Upcoming dividend of US$0.25 per share at 1.7% yield

Senior VP & Chief Information Officer recently sold €118k worth of stock

Third quarter 2024 earnings released: EPS: US$2.09 (vs US$1.99 in 3Q 2023)

Hibbett, Inc. Declares Quarterly Dividend, Payable on December 19, 2023

New major risk - Revenue and earnings growth

Hibbett, Inc. to Report Q3, 2024 Results on Nov 21, 2023

Second quarter 2024 earnings released: EPS: US$0.86 (vs US$1.91 in 2Q 2023)

Hibbett, Inc. Declares Quarterly Dividend, payable on September 19, 2023

Hibbett, Inc. to Report Q2, 2024 Results on Aug 25, 2023

New minor risk - Share price stability

New major risk - Earnings quality

President recently bought €255k worth of stock

First quarter 2024 earnings released: EPS: US$2.81 (vs US$2.98 in 1Q 2023)

Hibbett, Inc. Declares Quarterly Dividend, Payable on June 20, 2023

Investor sentiment deteriorates as stock falls 20%

Hibbett, Inc. to Report Q1, 2024 Results on May 26, 2023

Now 22% undervalued

Full year 2023 earnings released: EPS: US$9.89 (vs US$11.63 in FY 2022)

Third quarter 2023 earnings released: EPS: US$1.99 (vs US$1.75 in 3Q 2022)

Hibbett, Inc. Reiterates Earnings Guidance for the Fiscal Year 2023

Hibbett, Inc. Declares Quarterly Dividend, Payable on December 20, 2022

Hibbett, Inc. to Report Q3, 2023 Results on Nov 29, 2022

Second quarter 2023 earnings released: EPS: US$1.91 (vs US$2.98 in 2Q 2022)

Hibbett, Inc. Provides Earnings Guidance for the Year 2023

Investor sentiment improved over the past week

Hibbett, Inc. to Report Q2, 2023 Results on Aug 25, 2022

Hibbett, Inc. Announces Management Changes

First quarter 2023 earnings released: EPS: US$2.98 (vs US$5.19 in 1Q 2022)

Hibbett, Inc. Declares Quarterly Dividend, Payable on June 21, 2022

Hibbett, Inc. to Report Q1, 2023 Results on May 27, 2022

High number of new directors

Hibbett, Inc., Annual General Meeting, May 25, 2022

Hibbett, Inc. Announces Executive Changes

Investor sentiment improved over the past week

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Hibbett, Inc. Provides Earnings Guidance for the Year 2022

Hibbett, Inc. Revises Earnings Guidance for the Fourth Quarter and Full Year Ending January 29, 2022

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

President recently bought €304k worth of stock

Senior VP recently bought €127k worth of stock

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS US$2.98 (vs US$2.44 in 2Q 2021)

Hibbett, Inc. Updates Earnings Guidance for the Year Ending January 29, 2022

Hibbet Launches All Female 'Support Her Sole' Video Series Featuring Women Breaking Barriers in Sneaker Culture #Supporthersole

Investor sentiment improved over the past week

Insider recently sold €5.7m worth of stock

Senior VP & Chief Information Officer recently bought €167k worth of stock

Investor sentiment improved over the past week

Senior Vice President of Operations recently bought €85k worth of stock

Hibbett Initiates Quarterly Cash Dividend, Payable on July 20, 2021

Hibbett Sports, Inc. Provides Earnings Guidance for the Fiscal Year Ending January 29, 2022

First quarter 2022 earnings released: EPS US$5.19 (vs US$0.92 loss in 1Q 2021)

Independent Director has left the company

Full year 2021 earnings released: EPS US$4.49 (vs US$1.54 in FY 2020)

Investor sentiment improved over the past week

Insider recently sold €266k worth of stock