Eric M. Lindberg is the CEO of Grocery Outlet Holding Corp., known for his solid leadership and practical approach to business. He earned his Bachelor's degree in Business Administration from the University of California, Berkeley and has built a career...
Eric M. Lindberg is the CEO of Grocery Outlet Holding Corp., known for his solid leadership and practical approach to business. He earned his Bachelor's degree in Business Administration from the University of California, Berkeley and has built a career that began at Grocery Outlet in 2013. Under his guidance, the company has seen impressive growth and performance, getting him a bonus over 100% of his target for two consecutive years, reflecting the company's strong results. Lindberg's compensation package has varied significantly, with total earnings reaching up to $2.05 million in 2019. What's interesting is how Lindberg aligns his performance goals with the company's growth metrics, like adjusted EBITDA and store sales, ensuring that his interests match those of the shareholders. He's also taken on investments in the company, holding around 5.7 million shares, which shows his commitment to Grocery Outlet's success. Lindberg also has a unique agreement that includes a retirement plan ensuring he remains tied to the company even as he transitions into new roles. It's clear he's in it for the long haul, focusing on strategic growth and shareholder value. Lindberg is not just a figurehead; he actively engages with the company, making decisions that steer it towards better performance.