In 2023, Eric M. Lindberg earned $1.07M in total compensation at Grocery Outlet Holding Corp., including $500.00K salary and $555.00K bonus. Most recently sold 18,153 shares in Mar 2025. Currently holds stock worth $6.18M. Has donated $2.71M in stock to charitable causes. Led Grocery Outlet Holding Corp. as CEO for 10 years.
Compensation History
Annual executive compensation data for Eric M. Lindberg, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.07M
Salary
$500.00K
Bonus
$555.00K
Other
$15.00K
Salary
$500.00KBoard Justification
The compensation philosophy emphasizes aligning executive pay with company performance, with a significant portion of compensation being performance-based, ensuring alignment with shareholder interests.
Bonus
$555.00KBoard Justification
The annual incentive plan (AIP) bonus is based on the achievement of adjusted EBITDA (70% weighted) and comparable store sales performance (30% weighted) goals, with Fiscal Year 2023 AIP bonuses earned at 111% of target.
Other Compensation
$15.00KBoard Justification
Other compensation includes benefits and perquisites such as health insurance and retirement contributions.
Restricted Stock
Board Justification
No stock vested in 2023 as the focus is on performance-based equity incentives that are not included in this year's compensation summary.
Performance Metrics
The performance metrics for the CEO's compensation in 2023 were based on adjusted EBITDA and comparable store sales performance.
Eric M. Lindberg
Ex-CEO of Grocery Outlet Holding Corp.
Education
Bachelor's degree in Business Administration from the University of California, Berkeley
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
April 10, 1978 - 47 years ago
CEO of Grocery Outlet Holding Corp. for
10 years 5 months (Jun 2013 - Dec 2023)
Previous Experience
Chief Executive Officer of Grocery Outlet Holding Corp.
Other Grocery Outlet Holding Corp. CEOs
Holdings
Track Eric M. Lindberg's stock holdings and portfolio value over time.
Total Stock Sold
$115.92M
$115.92M
3,700,424 GO shares
What if they kept their stock?
If Eric M. Lindberg didn't sell their stock, today they would have:
Extra GO3,700,424 shares worth $40.08M.
This is -65.43% and $75.84M less than what they got when they sold the stock.
Charitable Transactions
250,000 shares
GO
Recent Charitable Transactions
50,000 shares
GO
Dec 3, 2024
Charity
100,000 shares
GO
Aug 16, 2023
Charity
50,000 shares
GO
Apr 27, 2020
Charity
50,000 shares
GO
Oct 8, 2019
Charity
14,030 shares
GO
Dec 28, 2019
Charity
Insider Trading
Eric M. Lindberg's recent stock transactions, purchases, and sales filed with the SEC.
$205.86K
GO at $11.34/share
Mar 4, 2025
Sale
238,884 shares
GO
Feb 28, 2025
Received
$498.57K
GO at $16.88/share
Feb 4, 2025
Sale
50,000 shares
GO
Dec 3, 2024
Charity
295,280 shares
GO
Oct 30, 2024
Received
$3.26M
GO at $16.29/share
Sep 19, 2024
Sale
$3.71M
GO at $18.53/share
Aug 20, 2024
Sale
$3.77M
GO at $18.87/share
Aug 16, 2024
Sale
6,803 shares
GO
Jun 3, 2024
Received
$2.86M
GO at $26.60/share
Mar 11, 2024
Sale
Rivals
Compare Eric M. Lindberg with competitor CEOs and industry peers.