Blake W. Krueger has been at the helm of Wolverine World Wide since 2007, shaping the company’s direction in the global footwear and apparel market. He moved up through the ranks, starting as President and COO, and has a long...

Blake W. Krueger has been at the helm of Wolverine World Wide since 2007, shaping the company’s direction in the global footwear and apparel market. He moved up through the ranks, starting as President and COO, and has a long history of performance and leadership in the industry. Under his leadership, Wolverine has seen major growth, demonstrating a commitment to sustainability and community engagement. In his time as CEO, Krueger's compensation reflected his performance-driven approach, with a notable total compensation increasing substantially to over $14 million in 2021. However, he moved into the role of Executive Chairman in 2023, transitioning to a new strategic position after a significant career. Krueger also made headlines with his insider trading, managing substantial stock ownership, peaking at over $44 million at the start of 2020 before fluctuating in response to market changes. He is known for pushing innovation in products and practices, helping set Wolverine apart in a competitive arena. Beyond numbers and titles, Blake has played a critical role in driving corporate governance and promoting diversity within the company.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Wolverine World Wide CEOs

W

Blake W. Krueger

Ex-CEO of Wolverine World Wide

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

CEO of Wolverine World Wide for

14 years 8 months (Apr 2007 - Dec 2021)

Previous Experience

Executive Vice President, Secretary, and President of the Heritage Brands Group

Rivals

Competitors/colleagues of Blake W. Krueger

Holdings

See how much did Blake W. Krueger make over time.

Blake W. Krueger's holdings in Wolverine World Wide tell an interesting story of fluctuating fortunes. His investment peaked at around $44.71 million in January 2020, reflecting confidence in the company’s direction. However, since then, his wealth tied to holdings has...

Blake W. Krueger's holdings in Wolverine World Wide tell an interesting story of fluctuating fortunes. His investment peaked at around $44.71 million in January 2020, reflecting confidence in the company’s direction. However, since then, his wealth tied to holdings has seen ups and downs, dipping below $10 million by late 2023 as market conditions changed. This variability showcases the market's influence on his significant insider stakes, which have always been a point of interest for analysts and shareholders alike. In 2021, at the height of his tenure, the values of his holdings indicated a robust belief in Wolverine’s growth, but they later adjusted as performance metrics faced various challenges, making them a sign of the dynamic nature of executive investment strategies.

Total Stock Sold

$652.78K

WWW

$652.78K

20,922 WWW shares

What if they kept their stock?

If Blake W. Krueger didn't sell their stock, today they would have:
Extra WWW20,922 shares worth $395.01K.
This is -39.49% and $257.78K less than what they got when they sold the stock.

Charitable Transactions

WWW

1,224,764 shares

WWW

Recent Charitable Transactions

WWW

50,000 shares

WWW

Jan 16, 2023

Charity

WWW

21,600 shares

WWW

Oct 4, 2021

Charity

WWW

127,054 shares

WWW

Nov 9, 2021

Charity

WWW

5,000 shares

WWW

Nov 17, 2020

Charity

WWW

336,560 shares

WWW

Mar 12, 2020

Charity

WWW

20,164 shares

WWW

Dec 19, 2019

Charity

Insider Trading

See recent insider trades of Blake W. Krueger.

WWW

139,514 shares

WWW

Feb 9, 2023

Received

WWW

50,000 shares

WWW

Jan 16, 2023

Charity

WWW

50,000 shares

WWW

Jan 16, 2023

Charity

WWW

141,760 shares

WWW

Feb 9, 2022

Received

WWW

21,600 shares

WWW

Oct 4, 2021

Charity

WWW

$26.95K

WWW at $38.01/share

Nov 9, 2021

Sale

WWW

$8.09K

WWW at $38.00/share

Nov 5, 2021

Sale

WWW

15,600 shares

WWW

Oct 4, 2021

Charity

WWW

127,054 shares

WWW

Nov 9, 2021

Charity

WWW

127,054 shares

WWW

Nov 9, 2021

Charity

Compensation History

See how much did Blake W. Krueger make over time.

In 2023, Blake W. Krueger earned a total compensation of approximately $3.17 million, reflecting his strategic position within Wolverine World Wide. This included a salary of about $814,000 and performance bonuses which could reach nearly $1.95 million based on company metrics. His approach to compensation aligns with corporate performance, emphasizing on linking pay to success in revenue and pre-tax earnings. Previous years saw even higher compensation, notably in 2021 when he earned over $14 million, showcasing a performance-heavy pay structure. His compensation structure has been designed to ensure that he creates value for shareholders while also rewarding his leadership during pivotal moments for the company.

Year

2023

Total Compensation

$3.09M

Salary

$813.67K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on at-risk compensation to drive shareholder value.

Bonus

$1.65M

Board Justification

The annual bonus is based on performance metrics including revenue and pre-tax income, with a target bonus opportunity of $976,406 and a maximum of $1,952,812.

Other

$366.39K

Board Justification

Other compensation includes contributions to retirement plans, health benefits, and other perquisites.

Restricted Stock

$260.47K(17.45K RSU)

Board Justification

The stock awards that vested in 2023 include restricted stock units granted in prior years, with a total of 17,454 shares vesting during the fiscal year.

Performance Metrics

The performance metrics for 2023 included revenue growth and non-GAAP pre-tax income targets.

Other Wolverine World Wide CEOs

Here are other CEOs of Wolverine World Wide

Brendan L. Hoffman

CEO of Wolverine World Wide

December 2021 - Present