Craig C. Sturken, born in 1941, is a significant figure in the retail industry, particularly known for his role at SpartanNash Company. He served as the CEO from 2003 until 2008 and transitioned to Executive Chairman afterward. Sturken was known...

Craig C. Sturken, born in 1941, is a significant figure in the retail industry, particularly known for his role at SpartanNash Company. He served as the CEO from 2003 until 2008 and transitioned to Executive Chairman afterward. Sturken was known for developing key business strategies that led the company to achieve impressive financial growth during his tenure. One of the most notable aspects of his career was his smooth management of the executive transition to his successor, which maintained stability within the company. His compensation has fluctuated over the years, with total earnings peaking at $1.97 million in 2007, driven by performance bonuses that tied into the company's success metrics. Interestingly, in 2011 upon retirement as CEO, he automatically vested over 49,000 shares of restricted stock due to his years of service. Sturken has also been active in insider trading, with significant holdings peaking in value, showcasing his commitment and confidence in SpartanNash. After stepping down, he continued to impact the company as the Chairman of the Board until 2016. He remains a respected figure in retail management and corporate governance.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other SpartanNash CEOs

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Craig C. Sturken

Ex-CEO of SpartanNash

Education

Not specified

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Defensive

Born

January 1, 1941 - 84 years ago

CEO of SpartanNash for

5 years 7 months (Mar 2003 - Oct 2008)

Previous Experience

CEO of A&P's Atlantic region

Rivals

Competitors/colleagues of Craig C. Sturken

Holdings

See how much did Craig C. Sturken make over time.

Craig C. Sturken has been active in insider trading, with his holdings showing notable fluctuations over time. Starting from September 2019, his insider trades had values ranging from $151.50K to $310.72K, with an upward trend peaking in 2022 before experiencing...

Craig C. Sturken has been active in insider trading, with his holdings showing notable fluctuations over time. Starting from September 2019, his insider trades had values ranging from $151.50K to $310.72K, with an upward trend peaking in 2022 before experiencing slight drops in subsequent years. In 2021, for instance, he recorded trades exceeding $300K consistently, showcasing strong confidence in the company. His holdings were particularly concentrated in the years leading up to his retirement in 2011 when a substantial portion of his wealth was tied up in shares. His continued significant trades indicate a deep-seated belief in the company's forward momentum, even after his official retirement.

Mar 17, 2025

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shares

SPTN @ $20.23

Total Stock Sold

$4.59M

SPTN

$4.59M

198,688 SPTN shares

What if they kept their stock?

If Craig C. Sturken didn't sell their stock, today they would have:
Extra SPTN198,688 shares worth $4.33M.
This is -5.82% and $267.31K less than what they got when they sold the stock.

Charitable Transactions

SPTN

6,000 shares

SPTN

Recent Charitable Transactions

SPTN

1,000 shares

SPTN

Nov 25, 2013

Charity

SPTN

5,000 shares

SPTN

Mar 30, 2013

Charity

Insider Trading

See recent insider trades of Craig C. Sturken.

SPTN

$140.70K

SPTN at $28.14/share

Mar 3, 2016

Sale

SPTN

3,828 shares

SPTN

Mar 2, 2016

Received

SPTN

$2.27M

SPTN at $26.74/share

Mar 6, 2015

Sale

SPTN

3,348 shares

SPTN

Feb 25, 2015

Received

SPTN

$314.82K

SPTN at $23.32/share

Nov 13, 2014

Sale

SPTN

$1.00M

SPTN at $22.18/share

Mar 10, 2014

Sale

SPTN

3,980 shares

SPTN

Feb 27, 2014

Received

SPTN

1,000 shares

SPTN

Nov 25, 2013

Charity

SPTN

3,736 shares

SPTN

May 14, 2013

Received

SPTN

5,000 shares

SPTN

Mar 30, 2013

Charity

Compensation History

See how much did Craig C. Sturken make over time.

Craig C. Sturken's compensation as CEO of SpartanNash reflects both his leadership role and the company's performance. In 2008, his total compensation was reported at $1.6 million, with a salary of $706K and a performance-driven bonus of $822K. Bonuses were largely influenced by the company's consolidated net earnings, highlighting a strong link between his compensation and the company's success. This emphasis on performance is seen again in the reports from previous years, where his earnings fluctuated based on metrics established by the Board. His values in compensation peaked in 2007 at about $1.98 million due to successful earnings, demonstrating the potential high reward for effective leadership. Additionally, his retirement led to significant vesting of stock benefits based on his years of service, marking a well-rounded approach to executive incentives.

Year

2008

Total Compensation

$1.60M

Salary

$706.64K

Board Justification

The company's compensation philosophy aims to attract, retain, and motivate talented executives, aligning their interests with those of shareholders through performance-based incentives.

Bonus

$822.27K

Board Justification

The bonus for 2008 was awarded based on the company's performance metrics and individual contributions, with a significant portion being discretionary in nature.

Other

$75.80K

Board Justification

Other compensation includes matching contributions to retirement plans, dividends on unvested restricted stock, and life insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2008 as all stock grants were either unvested or not disclosed in this section.

Performance Metrics

The performance metrics for determining compensation included consolidated net earnings and individual performance evaluations.

Other SpartanNash CEOs

Here are other CEOs of SpartanNash

Dennis Eidson

Ex-CEO of SpartanNash

October 2008 - May 2017