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 2.56% of the company’s shares, worth $48.50M. The average tenure of the management team and the board of directors is 2.1 years and 10.1 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 | 2.6% |
| Management average tenure | 2.1yrs |
| Board average tenure | 10.1yrs |
Recent management updates
Recent updates
Grocery 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 04
Grocery 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 | 2.56% $ 48.5m | |
| Executive VP & Chief Human Resources Officer | 4.7yrs | US$1.65m | 0.028% $ 522.9k | |
| Chief Stores Officer & Executive VP | 2.4yrs | US$1.81m | 0.044% $ 832.3k | |
| Executive VP & Chief Purchasing Officer | 6.8yrs | US$1.91m | 0.13% $ 2.4m | |
| Interim CFO & Senior VP of Accounting | 1.8yrs | no data | 0.025% $ 472.4k | |
| 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 | 2.3yrs | no data | 0.0074% $ 140.6k | |
| Senior Vice President of Stores | no data | no data | no data | |
| Senior VP & Chief Marketing Officer | 1.8yrs | no data | no data | |
| Chief New Store Growth Officer & Senior VP | no data | no data | no data |
2.1yrs
Average Tenure
56yo
Average Age
Experienced Management: GO's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim President | 18.8yrs | US$388.03k | 2.56% $ 48.5m | |
| Lead Independent Director | 10.1yrs | US$309.25k | 0.66% $ 12.5m | |
| Independent Director | 5yrs | US$256.81k | 0.0032% $ 59.8k | |
| Independent Director | 20.8yrs | US$263.03k | 0.021% $ 398.4k | |
| Independent Director | 14yrs | US$253.03k | 0.075% $ 1.4m | |
| Independent Director | 5yrs | US$263.03k | 0.027% $ 505.4k | |
| Independent Director | 13.8yrs | US$258.03k | 0.081% $ 1.5m | |
| Independent Director | 3.8yrs | US$253.03k | 0.013% $ 250.4k | |
| Independent Director | 4.2yrs | US$248.03k | 0.014% $ 265.2k |
10.1yrs
Average Tenure
66yo
Average Age
Experienced Board: GO's board of directors are seasoned and experienced ( 10.1 years average tenure).