Sundar PichaiSundar Pichai earned $164M in 2023
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Craig C. Sturken

Ex-CEO of SpartanNash

Education

Not specified

Field of Expertise

Consumer Goods & Retail - Retail

Born

January 1, 1941 - 84 years ago

Economy Sector

Consumer Defensive

Tenure

5 years 7 months (Mar 2003 - Oct 2008)

Previous Experience

CEO of A&P's Atlantic region

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...

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.