In 2023, Michael T. Broderick earned $759.78K in total compensation at Monro, Inc., primarily from $714.18K salary. 4+ years at the helm of Monro, Inc..
Compensation History
Annual executive compensation data for Michael T. Broderick, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$759.78K
Salary
$714.18K
Bonus
$0.00
Other
$45.60K
Salary
$714.18KBoard Justification
The compensation philosophy is designed to attract, retain, and motivate executives while aligning their interests with those of shareholders through performance-based incentives.
Bonus
$0.00Board Justification
No annual incentive was earned for Fiscal 2023 due to performance metrics not being met.
Other Compensation
$45.60KBoard Justification
Other compensation includes 401(k) matching contributions, life insurance premiums, and other benefits.
Restricted Stock
Board Justification
No stock was vested in 2023 as the stock grants are not included in total compensation calculations.
Performance Metrics
The performance metrics for determining compensation included comparable store sales and pre-tax income.
Michael T. Broderick
CEO of Monro, Inc.
Education
Bachelor's degree
Field of Expertise
Consumer Goods & Retail - Retail
Sector of Economy
Consumer Cyclical
Born
January 1, 1969 - 56 years ago
CEO of Monro, Inc. for
4 years 8 months (Apr 2021 - Present)
Previous Experience
Executive Vice President, Merchandising and Store Operations Support for Advance Auto Parts, Inc.
Other Monro, Inc. CEOs
Holdings
Track Michael T. Broderick's stock holdings and portfolio value over time.
Insider Trading
Michael T. Broderick's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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