Citi Trends Management
Management criteria checks 3/4
Citi Trends' CEO is David Makuen, appointed in Mar 2020, has a tenure of 4.08 years. total yearly compensation is $1.73M, comprised of 41.2% salary and 58.8% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth €685.43K. The average tenure of the management team and the board of directors is 4.1 years and 4.8 years respectively.
Key information
David Makuen
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 41.2% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 4.1yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 03 2024 | n/a | n/a | -US$12m |
| Oct 28 2023 | n/a | n/a | -US$9m |
| Jul 29 2023 | n/a | n/a | US$20m |
| Apr 29 2023 | n/a | n/a | US$22m |
| Jan 28 2023 | US$2m | US$713k | US$59m |
| Oct 29 2022 | n/a | n/a | US$62m |
| Jul 30 2022 | n/a | n/a | US$47m |
| Apr 30 2022 | n/a | n/a | US$62m |
| Jan 29 2022 | US$3m | US$683k | US$62m |
| Oct 30 2021 | n/a | n/a | US$70m |
| Jul 31 2021 | n/a | n/a | US$68m |
| May 01 2021 | n/a | n/a | US$76m |
| Jan 30 2021 | US$3m | US$584k | US$24m |
Compensation vs Market: David's total compensation ($USD1.73M) is above average for companies of similar size in the German market ($USD691.02K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Makuen (55 yo)
4.1yrs
Tenure
US$1,730,016
Compensation
Mr. David N. Makuen has been Chief Executive Officer and Director of Citi Trends, Inc. since joining in March 9, 2020. He had been Executive Vice President of Marketing at Five Below, Inc. since May 2019 u...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.8yrs | US$300.03k | 0.97% $ 1.7m | |
| CEO & Director | 4.1yrs | US$1.73m | 0.40% $ 685.4k | |
| CFO, Principal Financial Officer | 1.8yrs | US$831.30k | 0.18% $ 318.7k | |
| Executive VP & Chief Merchandising Officer | 4.6yrs | US$790.70k | 0.27% $ 458.5k | |
| Senior Vice President of Planning & Allocation | 3yrs | no data | 0.053% $ 92.2k | |
| Senior Vice President of Supply Chain Operations | no data | no data | 0.082% $ 142.1k |
4.1yrs
Average Tenure
52yo
Average Age
Experienced Management: WW2's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.8yrs | US$300.03k | 0.97% $ 1.7m | |
| CEO & Director | 4.1yrs | US$1.73m | 0.40% $ 685.4k | |
| Independent Director | 16.4yrs | US$172.75k | 0.56% $ 968.6k | |
| Independent Director | 10.4yrs | US$168.75k | 0.38% $ 655.3k | |
| Independent Director | 6.5yrs | US$168.75k | 0.14% $ 249.4k | |
| Lead Independent Director | 6.9yrs | US$185.75k | 0.049% $ 85.2k | |
| Independent Director | 2.5yrs | US$160.75k | 0.096% $ 165.2k | |
| Independent Director | 4.6yrs | US$168.75k | 0.21% $ 355.1k | |
| Independent Director | 2.5yrs | US$160.75k | 0.093% $ 161.0k |
4.8yrs
Average Tenure
55yo
Average Age
Experienced Board: WW2's board of directors are considered experienced (4.8 years average tenure).