Sundar PichaiSundar Pichai earned $164M in 2023

Tony B. Sarsam serves as the President and CEO of SpartanNash, where he leads a large team of around 17,000 associates in delivering food and logistics services across the United States and military bases. He took on this role in...

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Tony B. Sarsam

CEO of SpartanNash

Education

Master's degree in management from Stanford University and a bachelor's degree in Chemical Engineering from Arizona State University

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1962 - 63 years ago

CEO of SpartanNash for

4 years 8 months (Sep 2020 - Present)

Previous Experience

CEO of Borden Dairy Co. and Ready Pac Foods

Rivals

Competitors/colleagues of Tony B. Sarsam

Holdings

See how much did Tony B. Sarsam make over time.

Tony Sarsam has been active in stock trading since he became CEO of SpartanNash. His holdings saw significant fluctuation during 2020 to 2023, with a notable series of transactions peaking in March 2022, when his insider trading reached approximately $5.06...

Mar 17, 2025

Insider Trading

See recent insider trades of Tony B. Sarsam.

AVO

8,475 shares

AVO

Apr 11, 2024

Received

AVO

5,653 shares

AVO

Aug 14, 2023

Received

SPTN

50,562 shares

SPTN

Mar 1, 2023

Received

SPTN

63,966 shares

SPTN

Mar 1, 2022

Received

SPTN

86,721 shares

SPTN

Mar 1, 2021

Received

SPTN

22,312 shares

SPTN

Sep 21, 2020

Received

Compensation History

See how much did Tony B. Sarsam make over time.

Tony Sarsam's compensation reflects his critical role at SpartanNash. In 2023, he earned nearly $10 million, which includes a base salary of around $980,769, along with substantial vested stock awards valued at over $4 million. Interestingly, he received no bonuses this year, showing a clear alignment of his pay directly with performance metrics defined by the company—namely, Adjusted EBITDA and Return on Invested Capital. His total compensation, broken into salary, stock awards, and other benefits also includes a 401(k) match and additional perks like tax planning services. This structure not only compensates him for immediate performance but also incentivizes long-term commitment to the company's goals.

Year

2023

Total Compensation

$2.70M

Salary

$980.77K

Board Justification

The compensation philosophy aims to attract and retain top talent while aligning executive compensation with the company's performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2023.

Other

$203.57K

Board Justification

Other compensation includes retirement plan contributions, tax planning services, and other perquisites.

Restricted Stock

$1.52M(55.81K Restricted Stock)

Board Justification

The vested stock for 2023 includes shares that were granted in previous years and vested during the fiscal year.

Performance Metrics

The performance metrics for determining compensation include Adjusted EBITDA and Return on Invested Capital (ROIC).

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