Five Below Management

Management criteria checks 3/4

Five Below's CEO is Joel Anderson, appointed in Feb 2015, has a tenure of 9.17 years. total yearly compensation is $7.03M, comprised of 17.2% salary and 82.8% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth $45.11M. The average tenure of the management team and the board of directors is 5.6 years and 8.5 years respectively.

Key information

Joel Anderson

Chief executive officer

US$7.0m

Total compensation

CEO salary percentage	17.2%
CEO tenure	9.2yrs
CEO ownership	0.5%
Management average tenure	5.6yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joel Anderson's remuneration changed compared to Five Below's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 03 2024	n/a	n/a	US$301m
Oct 28 2023	n/a	n/a	US$270m
Jul 29 2023	n/a	n/a	US$272m
Apr 29 2023	n/a	n/a	US$266m
Jan 28 2023	US$7m	US$1m	US$262m
Oct 29 2022	n/a	n/a	US$230m
Jul 30 2022	n/a	n/a	US$238m
Apr 30 2022	n/a	n/a	US$262m
Jan 29 2022	US$9m	US$1m	US$279m
Oct 30 2021	n/a	n/a	US$263m
Jul 31 2021	n/a	n/a	US$259m
May 01 2021	n/a	n/a	US$224m
Jan 30 2021	US$17m	US$902k	US$123m
Oct 31 2020	n/a	n/a	US$110m
Aug 01 2020	n/a	n/a	US$100m
May 02 2020	n/a	n/a	US$99m
Feb 01 2020	US$6m	US$926k	US$175m
Nov 02 2019	n/a	n/a	US$154m
Aug 03 2019	n/a	n/a	US$157m
May 04 2019	n/a	n/a	US$154m
Feb 02 2019	US$5m	US$815k	US$150m
Nov 03 2018	n/a	n/a	US$128m
Aug 04 2018	n/a	n/a	US$124m
May 05 2018	n/a	n/a	US$116m
Feb 03 2018	US$4m	US$786k	US$102m

Compensation vs Market: Joel's total compensation ($USD7.03M) is above average for companies of similar size in the UK market ($USD3.42M).

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

CEO

Joel Anderson (58 yo)

9.2yrs

Tenure

US$7,026,551

Compensation

Mr. Joel D. Anderson has been the Chief Executive Officer and Director of Five Below, Inc. since February 1, 2015 and has been its President since July 2014. Mr. Anderson has been an Independent Director o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Vellios	Co-Founder & Non-Executive Chairman	22.3yrs	US$500.19k	0.60% $ 50.4m
Joel Anderson	President	9.2yrs	US$7.03m	0.54% $ 45.1m
Kenneth Bull	Chief Operating Officer	1.1yrs	US$1.79m	0.15% $ 12.9m
Eric Specter	Chief Administrative Officer	9.8yrs	US$1.50m	0.072% $ 6.0m
Michael Romanko	Chief Merchandising Officer	9.3yrs	US$2.85m	0.027% $ 2.2m
Kristy Chipman	CFO & Treasurer	less than a year	no data	0.0052% $ 430.8k
Amit Jhunjhunwala	Chief Information Officer	1.3yrs	no data	no data
Christiane Pelz	Vice President of Investor Relations	no data	no data	no data
George Hill	Chief Retail Officer	2yrs	US$1.43m	0.048% $ 4.0m
Felipe Zardo	Senior Vice President of Digital	no data	no data	no data
Ronald Masciantonio	Secretary	no data	no data	no data

5.6yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 0IPD's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Vellios	Co-Founder & Non-Executive Chairman	22.3yrs	US$500.19k	0.60% $ 50.4m
Joel Anderson	President	9.2yrs	US$7.03m	0.54% $ 45.1m
Ronald Sargent	Independent Director	20.3yrs	US$249.94k	0.19% $ 15.8m
Thomas Ryan	Independent Director	13.3yrs	US$259.21k	0.21% $ 17.1m
Richard Markee	Independent Director	7.9yrs	US$249.94k	0.020% $ 1.6m
Michael Devine	Independent Director	11.1yrs	US$276.80k	0.030% $ 2.5m
Karen Bowman	Director	less than a year	no data	0.00061% $ 50.8k
Kathleen Barclay	Independent Director	9.1yrs	US$269.94k	0.012% $ 973.2k
Mimi Vaughn	Independent Director	less than a year	no data	0.0014% $ 115.8k
Dinesh Lathi	Independent Director	6.1yrs	US$268.82k	0.015% $ 1.2m
Zuhairah Washington	Independent Director	3.6yrs	US$249.94k	0.0058% $ 482.4k
Bernard Kim	Independent Director	1.8yrs	US$218.28k	0.0040% $ 335.8k

8.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 0IPD's board of directors are considered experienced (8.5 years average tenure).

Five Below Management

Management criteria checks 3/4

Key information

Recent management updates

Five Below, Inc. Appoints Karen Bowman to its Board of Directors

Co-Founder & Non-Executive Chairman recently sold US$1.9m worth of stock

Five Below, Inc. Announces the Appointment of Mimi Eckel Vaughn as Independent Member

Five Below, Inc. Names Kristy Chipman as Treasurer

Five Below, Inc. Announces Executive Changes

Five Below, Inc., Annual General Meeting, Jun 13, 2023

Recent updates

Now 21% undervalued after recent price drop

Five Below, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

Full year 2024 earnings released: EPS: US$5.43 (vs US$4.71 in FY 2023)

Now 23% undervalued after recent price drop

Five Below, Inc. to Report Q4, 2024 Results on Mar 20, 2024

Five Below, Inc. Appoints Karen Bowman to its Board of Directors

Co-Founder & Non-Executive Chairman recently sold US$1.9m worth of stock

Third quarter 2024 earnings released: EPS: US$0.26 (vs US$0.29 in 3Q 2023)

Five Below, Inc. (NasdaqGS:FIVE) announces an Equity Buyback for $100 million worth of its shares.

Five Below, Inc. to Report Q3, 2024 Results on Nov 29, 2023

Five Below, Inc. Announces the Appointment of Mimi Eckel Vaughn as Independent Member

Second quarter 2024 earnings released: EPS: US$0.84 (vs US$0.74 in 2Q 2023)

Five Below, Inc. to Report Q2, 2024 Results on Aug 30, 2023

Five Below, Inc. Names Kristy Chipman as Treasurer

Five Below, Inc. Announces Executive Changes

First quarter 2024 earnings released: EPS: US$0.67 (vs US$0.59 in 1Q 2023)

Five Below, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2023

Five Below, Inc. to Report Q1, 2024 Results on Jun 01, 2023

Five Below, Inc., Annual General Meeting, Jun 13, 2023

Independent Director recently sold US$2.1m worth of stock

Chief Retail Officer recently sold US$514k worth of stock

Full year 2023 earnings released: EPS: US$4.71 (vs US$4.98 in FY 2022)

Five Below, Inc. Announces Resignation of Judy Werthauser, Chief Experience Officer Effective February 3, 2023

Chief Merchandising Officer recently sold US$718k worth of stock

Co-Founder & Non-Executive Chairman recently sold US$9.1m worth of stock

Third quarter 2023 earnings released: EPS: US$0.29 (vs US$0.43 in 3Q 2022)

Five Below, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal 2022

Five Below, Inc. to Report Q3, 2023 Results on Nov 30, 2022

Now 22% undervalued

Independent Director recently sold US$77k worth of stock

Second quarter 2023 earnings released: EPS: US$0.74 (vs US$1.16 in 2Q 2022)

Five Below, Inc. Provides Earnings Guidance for the Third Quarter and Full Year Fiscal 2022

Now 22% undervalued after recent price drop

Five Below, Inc. to Report Q2, 2023 Results on Aug 31, 2022

Investor sentiment improved over the past week

Five Below, Inc. (NasdaqGS:FIVE) announces an Equity Buyback for $100 million worth of its shares.

Five Below, Inc. Appoints Bernard Kim as Director

First quarter 2023 earnings released: EPS: US$0.59 (vs US$0.89 in 1Q 2022)

Five Below, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2022

Investor sentiment deteriorated over the past week

Five Below, Inc. to Report Q1, 2023 Results on Jun 08, 2022

Five Below, Inc., Annual General Meeting, Jun 14, 2022

Now 25% undervalued after recent price drop

Insufficient new directors

Full year 2022 earnings released: EPS: US$4.98 (vs US$2.21 in FY 2021)

Five Below, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2022

Five Below, Inc. to Report Q4, 2022 Results on Mar 30, 2022

Five Below, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ended January 2, 2021

Five Below, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal of 2021

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

Insufficient new directors

Insufficient new directors

Second quarter 2022 earnings released: EPS US$1.16 (vs US$0.53 in 2Q 2021)

Five Below, Inc. Provides Earnings Guidance for the Second Quarter of 2021

Five Below, Inc. Do Not Provide Earnings Guidance for the Full Year of Fiscal 2021

Five Below, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2021

Five Below, Inc. to Report Q4, 2021 Results on Mar 17, 2021

Five Below Announces New Collection in Collaboration with Andrea Pippins: Artist, Designer and Author

Five Below, Inc.(NasdaqGS:FIVE) dropped from Russell 2000 Dynamic Index

Five Below Announces Partnership with Instacart

Five Below, Inc. Provides No Earnings Guidance for the Fourth Quarter or Fiscal 2020

Five Below, Inc. to Report Q3, 2021 Results on Dec 02, 2020

Market pulls back on stock over the past week

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure