Grocery Outlet Holding Management
Management criteria checks 4/4
Grocery Outlet Holding's CEO is Eric Lindberg, appointed in Oct 2024, has a tenure of less than a year. directly owns 2.5% of the company’s shares, worth $37.96M. The average tenure of the management team and the board of directors is 2.3 years and 10.3 years respectively.
Key information
Eric Lindberg
Chief executive officer
US$388.0k
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 2.5% |
| Management average tenure | 2.3yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
We Think Grocery Outlet Holding (NASDAQ:GO) Is Taking Some Risk With Its Debt
Dec 17
Grocery Outlet Holding Corp.'s (NASDAQ:GO) 26% Share Price Surge Not Quite Adding Up
Nov 27Grocery Outlet Holding: No Signs Of SSS And Gross Margin Improvement Anytime Soon
Nov 07Slowing Rates Of Return At Grocery Outlet Holding (NASDAQ:GO) Leave Little Room For Excitement
Nov 04Grocery Outlet Holding (NASDAQ:GO) Takes On Some Risk With Its Use Of Debt
Aug 22Grocery Outlet Holding: Poor SSS Growth Outlook For The Near Term
Aug 21Grocery Outlet: Q2, Profitability Has Started Normalizing
Aug 08With Grocery Outlet Holding Corp. (NASDAQ:GO) It Looks Like You'll Get What You Pay For
Aug 02The Returns At Grocery Outlet Holding (NASDAQ:GO) Aren't Growing
Jul 15Grocery Outlet Holding: Remain Sell Rated As SSS Outlook Is Still Uncertain
May 30Market Participants Recognise Grocery Outlet Holding Corp.'s (NASDAQ:GO) Earnings
Apr 18Grocery Outlet Holding (NASDAQ:GO) Seems To Use Debt Quite Sensibly
Mar 28Grocery Outlet Holding: Very Negative On This UGO Acquisition In The Near Term
Mar 15Results: Grocery Outlet Holding Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 02Grocery Outlet Offers A Novel Business Model And Growth
Feb 01Grocery Outlet Holding (NASDAQ:GO) May Have Issues Allocating Its Capital
Jan 17Grocery Outlet Holding Corp.'s (NASDAQ:GO) Share Price Not Quite Adding Up
Dec 27Here's Why Grocery Outlet Holding (NASDAQ:GO) Can Manage Its Debt Responsibly
Dec 06Is There An Opportunity With Grocery Outlet Holding Corp.'s (NASDAQ:GO) 48% Undervaluation?
Oct 07Capital Allocation Trends At Grocery Outlet Holding (NASDAQ:GO) Aren't Ideal
Aug 28Does Grocery Outlet Holding (NASDAQ:GO) Have A Healthy Balance Sheet?
Jul 03Here's What's Concerning About Grocery Outlet Holding's (NASDAQ:GO) Returns On Capital
May 27Is Grocery Outlet Holding (NASDAQ:GO) A Risky Investment?
Mar 28Are Investors Undervaluing Grocery Outlet Holding Corp. (NASDAQ:GO) By 50%?
Feb 26Grocery Outlet Holding (NASDAQ:GO) Will Want To Turn Around Its Return Trends
Dec 25Grocery Outlet Holding (NASDAQ:GO) Has A Somewhat Strained Balance Sheet
Dec 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$51m |
| Jun 29 2024 | n/a | n/a | US$54m |
| Mar 30 2024 | n/a | n/a | US$65m |
| Dec 30 2023 | n/a | n/a | US$79m |
| Sep 30 2023 | n/a | n/a | US$81m |
| Jul 01 2023 | n/a | n/a | US$72m |
| Apr 01 2023 | n/a | n/a | US$67m |
| Dec 31 2022 | US$5m | US$824k | US$65m |
| Oct 01 2022 | n/a | n/a | US$56m |
| Jul 02 2022 | n/a | n/a | US$55m |
| Apr 02 2022 | n/a | n/a | US$55m |
| Jan 01 2022 | US$4m | US$799k | US$62m |
| Oct 02 2021 | n/a | n/a | US$80m |
| Jul 03 2021 | n/a | n/a | US$103m |
| Apr 03 2021 | n/a | n/a | US$113m |
| Jan 02 2021 | US$5m | US$772k | US$107m |
| Sep 26 2020 | n/a | n/a | US$92m |
| Jun 27 2020 | n/a | n/a | US$64m |
| Mar 28 2020 | n/a | n/a | US$24m |
| Dec 28 2019 | US$4m | US$667k | US$15m |
| Sep 28 2019 | n/a | n/a | US$975k |
| Jun 29 2019 | n/a | n/a | -US$4m |
| Mar 30 2019 | n/a | n/a | US$14m |
| Dec 29 2018 | US$4m | US$567k | US$16m |
Compensation vs Market: Eric's total compensation ($USD388.03K) is below average for companies of similar size in the US market ($USD5.43M).
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
CEO
Eric Lindberg (53 yo)
less than a year
Tenure
US$388,027
Compensation
Mr. Eric J. Lindberg, Jr., has been Interim President & CEO of Grocery Outlet Holding Corp. since October 30, 2024 and serves as its Chairman since January 1, 2023 as well as its Director since January 200...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim President | less than a year | US$388.03k | 2.5% $ 38.0m | |
| Executive VP & Chief Human Resources Officer | 4.8yrs | US$1.65m | 0.028% $ 417.7k | |
| Chief Stores Officer & Executive VP | 2.6yrs | US$1.81m | 0.044% $ 664.9k | |
| Executive VP & Chief Purchasing Officer | 6.9yrs | US$1.91m | 0.13% $ 2.0m | |
| Interim CFO & Senior VP of Accounting | 2yrs | no data | 0.025% $ 377.4k | |
| Executive VP & Chief Operations Officer | less than a year | no data | no data | |
| VP & Head of Investor Relations | no data | no data | no data | |
| Executive VP | 2.5yrs | no data | 0.0074% $ 112.4k | |
| Senior Vice President of Stores | no data | no data | no data | |
| Senior VP & Chief Marketing Officer | 2yrs | no data | no data | |
| Chief New Store Growth Officer & Senior VP | no data | no data | no data |
2.3yrs
Average Tenure
56yo
Average Age
Experienced Management: GO's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim President | 19yrs | US$388.03k | 2.5% $ 38.0m | |
| Lead Independent Director | 10.3yrs | US$309.25k | 0.66% $ 10.0m | |
| Independent Director | 5.2yrs | US$256.81k | 0.0032% $ 47.8k | |
| Independent Director | 21yrs | US$263.03k | 0.021% $ 318.3k | |
| Independent Director | 14.2yrs | US$253.03k | 0.075% $ 1.1m | |
| Independent Director | 5.2yrs | US$263.03k | 0.027% $ 403.8k | |
| Independent Director | 13.9yrs | US$258.03k | 0.081% $ 1.2m | |
| Independent Director | 4yrs | US$253.03k | 0.013% $ 200.0k | |
| Independent Director | 4.3yrs | US$248.03k | 0.014% $ 211.8k |
10.3yrs
Average Tenure
66yo
Average Age
Experienced Board: GO's board of directors are seasoned and experienced ( 10.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 19:46 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Grocery Outlet Holding Corp. is covered by 19 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Karen Short | Barclays |
| Brian McNamara | Berenberg |