Amin N. Maredia served as the CEO of Sprouts Farmers Market from August 2015 until December 2018. Under his leadership, he played a crucial role in transforming Sprouts into a popular grocery destination. Maredia has a background in finance and...

Amin N. Maredia served as the CEO of Sprouts Farmers Market from August 2015 until December 2018. Under his leadership, he played a crucial role in transforming Sprouts into a popular grocery destination. Maredia has a background in finance and was noted for his strategic focus on performance metrics, such as Plan EBITDA and comparable store sales growth. In 2017, he earned a total compensation of about $4.5 million, with a significant part being tied to performance bonuses, which points to his results-oriented approach. Interestingly, on his departure, Maredia entered an advisory arrangement with Sprouts, indicating that his expertise was valued even after his official tenure. In addition, Maredia's stock holdings showed significant fluctuations, peaking at over $31 million in recent years, showcasing his personal stake in the company's success and reflecting his confidence in the growth of Sprouts.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Sprouts Farmers Market CEOs

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Amin N. Maredia

Ex-CEO of Sprouts Farmers Market

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Defensive

Born

January 1, 1975 - 50 years ago

CEO of Sprouts Farmers Market for

3 years 4 months (Aug 2015 - Dec 2018)

Previous Experience

Served in key strategic and finance roles for Burger King Corporation.

Rivals

Competitors/colleagues of Amin N. Maredia

V

Russell Diez-Canseco

CEO of Vital Farms

2023 Compensation

Stock

$0.00

Salary

$686.54K

Bonus

$560.01K

Other

$18.63K

Total Holdings

$23.33M

Holdings

See how much did Amin N. Maredia make over time.

Amin N. Maredia's holdings in Sprouts Farmers Market saw significant growth over the years. Initially, in 2019, his stock holdings fluctuated around $5.92 million, and by 2024, they had surged to over $31 million. This peak reflects a strong performance...

Amin N. Maredia's holdings in Sprouts Farmers Market saw significant growth over the years. Initially, in 2019, his stock holdings fluctuated around $5.92 million, and by 2024, they had surged to over $31 million. This peak reflects a strong performance of the company's stock during his tenure, showcasing his commitment to the company's growth. The trend indicates an increasing confidence in the business, with notable values in early 2024 reaching $31.47 million in holdings. His commitment to Sprouts was evident as most of his wealth was closely tied to his shares in the company, underscoring the alignment of his interests with those of the company's stakeholders.

Mar 17, 2025

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shares

SFM @ $140.99

U

shares

URBN @ $49.14

Total Stock Sold

$28.05M

SFM

$28.05M

956,846 SFM shares

What if they kept their stock?

If Amin N. Maredia didn't sell their stock, today they would have:
Extra SFM956,846 shares worth $22.02M.
This is -21.52% and $6.04M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Amin N. Maredia.

SFM

$4.55M

SFM at $27.52/share

Nov 19, 2018

Sale

SFM

$271.04K

SFM at $22.03/share

Jul 2, 2018

Sale

SFM

$917.27K

SFM at $23.19/share

Apr 2, 2018

Sale

SFM

$43.77K

SFM at $25.33/share

Mar 12, 2018

Sale

SFM

54,555 shares

SFM

Mar 5, 2018

Received

SFM

$217.36K

SFM at $25.24/share

Mar 5, 2018

Sale

SFM

$3.63M

SFM at $25.47/share

Feb 26, 2018

Sale

SFM

95,845 shares

SFM

Feb 20, 2018

Received

SFM

$299.28K

SFM at $24.33/share

Jan 2, 2018

Sale

SFM

$305.40K

SFM at $22.71/share

Jul 3, 2017

Sale

Compensation History

See how much did Amin N. Maredia make over time.

Amin N. Maredia's compensation as CEO reflects the performance-driven culture of Sprouts Farmers Market. In 2016, he received about $10.5 million, which was a highlight of his tenure, including stock options and bonuses tied to company performance. His total compensation peaked in 2017 at around $4.5 million, which included a salary of $785,577 and a performance bonus of over $1.4 million, highlighting how much his pay was dependent on meeting targets. The compensation structure emphasizes aligning executive pay with results, which is essential in competitive business environments. His compensation strategies were designed to attract and retain top talent, benefiting both the company and its shareholders.

Year

2018

Total Compensation

$1.74M

Salary

$935.58K

Board Justification

The compensation philosophy focuses on attracting and retaining talent, aligning executive compensation with performance, and providing competitive packages compared to peer companies.

Bonus

$774.66K

Board Justification

The bonus is based on performance metrics including Plan EBITDA and comparable store sales growth, achieving 82.8% of the target bonus amount for 2018.

Other

$34.34K

Board Justification

Other compensation includes health and welfare benefits, life insurance premiums, and vacation payouts.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2018 as the performance shares and RSUs are subject to future vesting conditions.

Performance Metrics

The performance metrics for 2018 included Plan EBITDA and comparable store sales growth.

Other Sprouts Farmers Market CEOs

Here are other CEOs of Sprouts Farmers Market

J. Douglas Sanders

Ex-CEO of Sprouts Farmers Market

August 2012 - August 2015

Jim Nielsen

Ex-CEO of Sprouts Farmers Market

December 2018 - August 2019