Sleep Number Management
Management criteria checks 3/4
Sleep Number's CEO is Shelly Ibach, appointed in Jun 2012, has a tenure of 12.33 years. total yearly compensation is $6.35M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 1.31% of the company’s shares, worth $3.33M. The average tenure of the management team and the board of directors is 5.7 years and 14.9 years respectively.
Key information
Shelly Ibach
Chief executive officer
US$6.3m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | 12yrs |
| CEO ownership | 1.3% |
| Management average tenure | 5.7yrs |
| Board average tenure | 14.9yrs |
Recent management updates
Recent updates
Some Sleep Number Corporation (NASDAQ:SNBR) Shareholders Look For Exit As Shares Take 28% Pounding
Jun 19
Sleep Number: Re-Rating Following Decline In Performance
Mar 29Is It Too Late To Consider Buying Sleep Number Corporation (NASDAQ:SNBR)?
Dec 11Bearish: Analysts Just Cut Their Sleep Number Corporation (NASDAQ:SNBR) Revenue and EPS estimates
Nov 09Is It Time To Consider Buying Sleep Number Corporation (NASDAQ:SNBR)?
Aug 19An Intrinsic Calculation For Sleep Number Corporation (NASDAQ:SNBR) Suggests It's 49% Undervalued
Jun 08Should You Investigate Sleep Number Corporation (NASDAQ:SNBR) At US$21.21?
May 16Is Sleep Number Corporation (NASDAQ:SNBR) Trading At A 44% Discount?
Feb 01At US$29.45, Is It Time To Put Sleep Number Corporation (NASDAQ:SNBR) On Your Watch List?
Jan 10Sleep Number: Strong Positioning And Growth Potential
Oct 20Is There Now An Opportunity In Sleep Number Corporation (NASDAQ:SNBR)?
Sep 08Sleep Number renews three-year partnership with Los Angeles Rams
Sep 06Sleep Number: Still A Great Prospect For Long-Term Investors
Aug 16Sleep Number: Buying The 'Mess' Before The Rest
Jun 07What Does Sleep Number Corporation's (NASDAQ:SNBR) Share Price Indicate?
Jun 03Sleep Number: The Stock Will Wake Up Soon
Apr 06Sleep Number: The Mattress That Gives Back
Mar 18At US$62.70, Is It Time To Put Sleep Number Corporation (NASDAQ:SNBR) On Your Watch List?
Mar 05Thoughts On Sleep Number's Eye-Popping Earnings Miss
Mar 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 30 2024 | n/a | n/a | -US$34m |
| Dec 30 2023 | US$6m | US$1m | -US$15m |
| Sep 30 2023 | n/a | n/a | US$4m |
| Jul 01 2023 | n/a | n/a | US$12m |
| Apr 01 2023 | n/a | n/a | US$46m |
| Dec 31 2022 | US$7m | US$1m | US$37m |
| Oct 01 2022 | n/a | n/a | US$53m |
| Jul 02 2022 | n/a | n/a | US$102m |
| Apr 02 2022 | n/a | n/a | US$89m |
| Jan 01 2022 | US$10m | US$1m | US$154m |
| Oct 02 2021 | n/a | n/a | US$204m |
| Jul 03 2021 | n/a | n/a | US$202m |
| Apr 03 2021 | n/a | n/a | US$167m |
| Jan 02 2021 | US$9m | US$746k | US$139m |
| Sep 26 2020 | n/a | n/a | US$102m |
| Jun 27 2020 | n/a | n/a | US$79m |
| Mar 28 2020 | n/a | n/a | US$96m |
| Dec 28 2019 | US$6m | US$988k | US$82m |
| Sep 28 2019 | n/a | n/a | US$85m |
| Jun 29 2019 | n/a | n/a | US$75m |
| Mar 30 2019 | n/a | n/a | US$74m |
| Dec 29 2018 | US$4m | US$927k | US$70m |
| Sep 29 2018 | n/a | n/a | US$58m |
| Jun 30 2018 | n/a | n/a | US$66m |
| Mar 31 2018 | n/a | n/a | US$61m |
| Dec 30 2017 | US$7m | US$842k | US$65m |
Compensation vs Market: Shelly's total compensation ($USD6.35M) is above average for companies of similar size in the US market ($USD1.62M).
Compensation vs Earnings: Shelly's compensation has been consistent with company performance over the past year.
CEO
Shelly Ibach (64 yo)
12yrs
Tenure
US$6,349,191
Compensation
Ms. Shelly R. Ibach has been the Chief Executive Officer and President at Sleep Number Corporation since June 1, 2012 and served as its Chief Operating Officer from June 15, 2011 to June 2012 and serves a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chair | 12yrs | US$6.35m | 1.31% $ 3.3m | |
| Executive VP & CFO | less than a year | US$3.53m | 0% $ 0 | |
| Executive VP | 6.4yrs | US$1.55m | 0.12% $ 305.0k | |
| Executive VP and Chief Sales & Services Officer | 5yrs | US$1.82m | 0.29% $ 734.1k | |
| Executive VP & Chief Human Resources Officer | 3.9yrs | US$1.33m | 0.066% $ 168.7k | |
| Executive VP & Chief Innovation Officer | 12yrs | US$1.82m | 0.39% $ 996.2k | |
| Chief Accounting Officer | 2.2yrs | no data | 0.024% $ 60.0k | |
| Vice President of Finance | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | 10.4yrs | US$1.78m | 0.25% $ 646.0k | |
| Executive VP & Chief Supply Chain Officer | no data | US$1.82m | 0.23% $ 591.8k |
5.7yrs
Average Tenure
53yo
Average Age
Experienced Management: SNBR's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chair | 12.3yrs | US$6.35m | 1.31% $ 3.3m | |
| Independent Director | 18.9yrs | US$231.69k | 0.0082% $ 20.8k | |
| Independent Director | 20.3yrs | US$231.69k | 0.12% $ 314.5k | |
| Independent Director | 2.4yrs | US$214.66k | 0.014% $ 34.3k | |
| Independent Lead Director | 13.4yrs | US$262.19k | 0.22% $ 547.1k | |
| Independent Director | 6.1yrs | US$211.69k | 0.14% $ 346.4k | |
| Member of Sleep Number Quality - Life Advisory Board | 16.3yrs | no data | no data | |
| Member of Sleep Number Quality - Life Advisory Board | 16.3yrs | no data | no data | |
| Member of Sleep Number Quality - Life Advisory Board | 16.3yrs | no data | no data | |
| Member of Sleep Number Quality - Life Advisory Board | 16.3yrs | no data | no data | |
| Independent Director | 8.2yrs | US$230.71k | 0.042% $ 106.6k | |
| Chairman of Scientific Advisory Board | 4.2yrs | no data | no data |
14.9yrs
Average Tenure
64yo
Average Age
Experienced Board: SNBR's board of directors are seasoned and experienced ( 14.9 years average tenure).