Winmark Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure

CEO

Brett Heffes (54 yo)

6.92yrs

Tenure

US$1,826,625

Compensation

Mr. Brett D. Heffes has been the Chairman and Chief Executive Officer of Winmark Corp. since March 1, 2020 and February 2016 respectively and served as its President since February 2011 until February 25,...

CEO Compensation Analysis

How has Brett Heffes's remuneration changed compared to Winmark's earnings?
Date	Total Comp.	Salary	Company Earnings
Sep 24 2022	n/a	n/a	US$41m
Jun 25 2022	n/a	n/a	US$41m
Mar 26 2022	n/a	n/a	US$40m
Dec 25 2021	US$2m	US$600k	US$40m
Sep 25 2021	n/a	n/a	US$36m
Jun 26 2021	n/a	n/a	US$36m
Mar 27 2021	n/a	n/a	US$32m
Dec 26 2020	US$856k	US$325k	US$30m
Sep 26 2020	n/a	n/a	US$30m
Jun 27 2020	n/a	n/a	US$30m
Mar 28 2020	n/a	n/a	US$32m
Dec 28 2019	n/a	n/a	US$32m
Sep 28 2019	n/a	n/a	US$31m
Jun 29 2019	n/a	n/a	US$31m
Mar 30 2019	n/a	n/a	US$30m
Dec 29 2018	US$950k	US$315k	US$30m
Sep 29 2018	n/a	n/a	US$30m
Jun 30 2018	n/a	n/a	US$28m
Mar 31 2018	n/a	n/a	US$26m
Dec 30 2017	US$937k	US$306k	US$25m
Sep 30 2017	n/a	n/a	US$23m
Jul 01 2017	n/a	n/a	US$23m
Apr 01 2017	n/a	n/a	US$23m
Dec 31 2016	US$900k	US$306k	US$22m

Compensation vs Market: Brett's total compensation ($USD1.83M) is below average for companies of similar size in the US market ($USD3.74M).

Compensation vs Earnings: Brett's compensation has increased by more than 20% in the past year.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Brett Heffes	Chairman & CEO	6.92yrs	US$1.83m	3.15% $ 28.8m
Anthony Ishaug	Executive VP	14.33yrs	US$1.14m	1.31% $ 12.0m
Renae Gaudette	Executive VP & Chief Operating Officer	0.92yr	US$781.02k	0.35% $ 3.2m
Alan Majerko	VP of Corporate Development & VP of Franchise Development	6yrs	no data	no data
Gary Stofferahn	Controller	no data	no data	no data

6.5yrs

Average Tenure

53yo

Average Age

Experienced Management: WINA's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brett Heffes	Chairman & CEO	6.92yrs	US$1.83m	3.15% $ 28.8m
Percy Tomlinson	Lead Independent Director	1.08yrs	US$274.85k	0.0058% $ 53.0k
Lawrence Barbetta	Independent Director	10.75yrs	US$104.80k	0.72% $ 6.5m
Paul Reyelts	Independent Director	22.67yrs	US$109.80k	0.22% $ 2.0m
Mark Wilson	Independent Director	22.67yrs	US$106.80k	0.61% $ 5.6m
Jenele Grassle	Independent Director	22yrs	US$98.80k	0.073% $ 663.5k
Amy Becker	Director	0.17yr	no data	no data
Gina De Caro Sprenger	Independent Director	2yrs	US$397.75k	0% $ 0

8.8yrs

Average Tenure

60yo

Average Age

Experienced Board: WINA's board of directors are considered experienced (8.8 years average tenure).