Marcus Lemonis is the CEO of Camping World Holdings, a leading provider of recreational vehicle (RV) products and services. He was born on November 16, 1973, and holds a bachelor's degree in Business from Marquette University. Marcus is known for...

Marcus Lemonis is the CEO of Camping World Holdings, a leading provider of recreational vehicle (RV) products and services. He was born on November 16, 1973, and holds a bachelor's degree in Business from Marquette University. Marcus is known for his practical approach to business, focusing on the three pillars of people, process, and product. Notably, he has opted out of traditional salary and bonus structures, receiving only health premium payments in 2023 and 2022. In 2021, he received a significant stock bonus worth nearly $20 million, showcasing a moment when the company's performance aligned well with his interests. Marcus briefly worked at Beyond (BYON) from February to June in 2024, after leading Camping World since its inception. He believes in sharing the ups and downs of business with his team, aligning their goals with the company's long-term success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Camping World Holdings CEOs

C

Marcus Lemonis

Founder and Ex-CEO of Camping World Holdings

Education

Bachelor's degree in Business from Marquette University.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

November 16, 1973 - 51 years ago

CEO of Camping World Holdings for

7 years 7 months (Oct 2016 - Jun 2024)

Previous Experience

Chairman of Camping World Holdings, Inc. since its formation; CEO of various companies in the RV and outdoor industry.

Rivals

Competitors/colleagues of Marcus Lemonis

M

W. Brett McGill

CEO of MarineMax

2023 Compensation

Stock

$2.45M

Salary

$975.00K

Bonus

$1.22M

Other

$9.90K

Total Holdings

$3.11M

B

David M. Foulkes

CEO of Brunswick

2023 Compensation

Stock

$0.00

Salary

$1.16M

Bonus

$0.00

Other

$389.62K

Total Holdings

$16.97M

L

Lillian Etzkorn

CEO of LCI Industries

2023 Compensation

Stock

$0.00

Salary

$525.00K

Bonus

$0.00

Other

$259.26K

Total Holdings

$1.09M

W

Michael J. Happe

CEO of Winnebago Industries

2022 Compensation

Stock

$250.00K

Salary

$800.00K

Bonus

$200.00K

Other

$50.00K

Total Holdings

$18.21M

T

Robert W. Martin

CEO of Thor Industries

2019 Compensation

Stock

$0.00

Salary

$750.00K

Bonus

$5.53M

Other

$0.00

Total Holdings

$31.84M

Holdings

See how much did Marcus Lemonis make over time.

Marcus Lemonis's holdings in Camping World Holdings have seen substantial fluctuations over the years. In 2021, he received a stock bonus of approximately 511,000 shares, valued at nearly $20 million at the time. This significant ownership demonstrated a strong period...

Marcus Lemonis's holdings in Camping World Holdings have seen substantial fluctuations over the years. In 2021, he received a stock bonus of approximately 511,000 shares, valued at nearly $20 million at the time. This significant ownership demonstrated a strong period of performance for the company. Over the next few years, however, his financial focus shifted away from stock grants and bonuses, opting for health insurance premium payments instead. As of 2023, Marcus's public holdings reveal a minimal active investment strategy, as he concentrated on other facets of business leadership. His decisions reflect a personal strategy that prioritizes long-term business stability over short-term financial gains.

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Total Stock Sold

$60.14M

CWH

$60.14M

1,769,145 CWH shares

What if they kept their stock?

If Marcus Lemonis didn't sell their stock, today they would have:
Extra CWH1,769,145 shares worth $61.00M.
This is 1.43% and $861.35K more than what they got when they sold the stock.

Charitable Transactions

CWH

540,699 shares

CWH

Recent Charitable Transactions

CWH

2,000,000 shares

CWH

Dec 31, 2022

Charity

CWH

290,699 shares

CWH

Dec 23, 2021

Charity

CWH

250,000 shares

CWH

Dec 15, 2021

Charity

Insider Trading

See recent insider trades of Marcus Lemonis.

CWH

$8.25M

CWH at $22.22/share

Sep 11, 2024

Sale

BYON

$99.99K

BYON at $9.13/share

Aug 14, 2024

Purchase

BYON

$50.47K

BYON at $13.64/share

Jun 14, 2024

Purchase

BYON

$97.78K

BYON at $14.13/share

Jun 10, 2024

Purchase

BYON

$249.47K

BYON at $14.61/share

Jun 6, 2024

Purchase

CWH

$2.60M

CWH at $26.01/share

Mar 15, 2024

Sale

BYON

$99.17K

BYON at $27.17/share

Feb 22, 2024

Purchase

BYON

$99.79K

BYON at $16.80/share

Nov 14, 2023

Purchase

BYON

$99.84K

BYON at $15.22/share

Nov 13, 2023

Purchase

CWH

2,000,000 shares

CWH

Dec 31, 2022

Charity

Compensation History

See how much did Marcus Lemonis make over time.

In 2023, Marcus Lemonis reported total compensation of about $11,241, primarily consisting of health premium gross-up payments. This amount indicates his strategy of opting out of salary and traditional bonuses, seeming to prioritize a different form of compensation tied to employee benefits rather than direct pay. This pattern continued from previous years, as he had no salary, bonus, or stock awards in 2022. Contrastingly, in 2021, his total compensation included a striking stock bonus alongside health benefits, highlighting his investment in long-term company health rather than individual profit. Overall, Marcus's compensation structure appears unique, as he emphasizes aligning his interests with the overarching goals of Camping World and its stakeholders.

Year

2023

Total Compensation

$11.24K

Salary

$0.00

Board Justification

The compensation philosophy aims to align executive compensation with company performance and shareholder interests, focusing on attracting and retaining top talent while promoting long-term value creation.

Bonus

$0.00

Board Justification

Mr. Lemonis is not entitled to receive a bonus for fiscal year 2023.

Other

$11.24K

Board Justification

This amount includes gross-up payments for health insurance premiums paid on behalf of Mr. Lemonis.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards were granted to Mr. Lemonis in 2023; therefore, there are no vested stocks to report.

Performance Metrics

The performance metrics for determining compensation include Adjusted EBITDA and other financial performance measures.

Other Camping World Holdings CEOs

Here are other CEOs of Camping World Holdings

Matthew D. Wagner

CEO of Camping World Holdings

June 2024 - Present