Amin N. Maredia served as the CEO of Sprouts Farmers Market from August 2015 until December 2018. Under his leadership, he played a crucial role in transforming Sprouts into a popular grocery destination. Maredia has a background in finance and...

Current Market Cap

$11.15B

Number of Employees

31K

Total Compensation

2015 - 2018

Trending down by -61.40% last year
Showing total compensation for the last 2015 - 2018

Stock

Down by -100.00% last year

Salary

Up by 19.09% last year

Bonus

Down by -45.16% last year

Other

Up by 355.57% last year

Year

2018

Total Compensation

$1.74M

Salary

$935.58K

Board Justification

The compensation philosophy focuses on attracting and retaining talent, aligning executive compensation with performance, and providing competitive packages compared to peer companies.

Bonus

$774.66K

Board Justification

The bonus is based on performance metrics including Plan EBITDA and comparable store sales growth, achieving 82.8% of the target bonus amount for 2018.

Other

$34.34K

Board Justification

Other compensation includes health and welfare benefits, life insurance premiums, and vacation payouts.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2018 as the performance shares and RSUs are subject to future vesting conditions.

Performance Metrics

The performance metrics for 2018 included Plan EBITDA and comparable store sales growth.

SEC Filing

From March 18, 2019

Amin N. Maredia

Ex-CEO of Sprouts Farmers Market

AN

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1975 - 49 years ago

Is Founder?

No

Tenure

3 years 4 months (Aug 2015 - Dec 2018)

Previous Experience

Served in key strategic and finance roles for Burger King Corporation.

View Holdings

Insider Holdings of Amin N. Maredia

SFMURBN

$34.51M

$19.19M (125.21%)

Last Insider Trade

SFM

$4.55M

SFM at $27.52/share

Nov 19, 2018

Sale