Glen T. Senk is the former CEO of Urban Outfitters, Inc., a trendy retail company known for its unique brands. He took over the role in 2007 after a successful stint as President of Anthropologie, another popular brand under Urban...

Glen T. Senk is the former CEO of Urban Outfitters, Inc., a trendy retail company known for its unique brands. He took over the role in 2007 after a successful stint as President of Anthropologie, another popular brand under Urban Outfitters. Glen has a strong background in retail, having also worked with Williams-Sonoma and Bloomingdale's, where he honed his skills in merchandising and management. Under his leadership, Urban Outfitters focused on connecting emotionally with customers through compelling brand stories. Interestingly, during his tenure, Glen's compensation fluctuated significantly based on performance metrics related to sales and profitability, and in 2012, he received a total of zero dollars for his performance. As of 2009, he held about 2.1 million shares in the company, reflecting a substantial personal investment in the brand's success. His leadership style balanced creativity and data-driven decision-making, which resonates with today's approach in retail.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Urban Outfitters CEOs

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Glen T. Senk

Ex-CEO of Urban Outfitters

Education

N/A

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Cyclical

Born

January 1, 1961 - 64 years ago

CEO of Urban Outfitters for

4 years 7 months (May 2007 - Jan 2012)

Previous Experience

President of Anthropologie, Inc.

Rivals

Competitors/colleagues of Glen T. Senk

T

Dennis H. Nelson

CEO of The Buckle

2023 Compensation

Stock

$4.58M

Salary

$1.20M

Bonus

$3.10M

Other

$320.27K

Total Holdings

$110.51M

D

Lauren R. Hobart

CEO of Dick's Sporting Goods

2023 Compensation

Stock

$10.67M

Salary

$1.31M

Bonus

$0.00

Other

$34.05K

Total Holdings

$51.78M

A

Fran Horowitz

CEO of Abercrombie & Fitch

2023 Compensation

Stock

$4.13M

Salary

$1.40M

Bonus

$0.00

Other

$35.86K

Total Holdings

$41.02M

Holdings

See how much did Glen T. Senk make over time.

At his peak in 2008, Glen T. Senk held around 2.1 million shares of Urban Outfitters. By 2012, his holdings were a significant portion of his wealth, reflecting his investment in the company's future. However, his performance-based compensation saw wild...

At his peak in 2008, Glen T. Senk held around 2.1 million shares of Urban Outfitters. By 2012, his holdings were a significant portion of his wealth, reflecting his investment in the company's future. However, his performance-based compensation saw wild fluctuations. In 2011, despite being at the helm, he didn't receive any stock grants or bonuses due to missing company performance targets. This highlights the risks and rewards of being a CEO in a competitive retail environment. His shares have varied greatly in value, aligning with the ups and downs of Urban Outfitters during his leadership, reflecting both the potential for great wealth and the pressures of corporate performance. In financial filings from 2012, it was shown his stock holdings represented a meaningful stake in the company, demonstrating a deep connection to the brand.

Total Stock Sold

$528.20K

URBN

$528.20K

20,000 URBN shares

What if they kept their stock?

If Glen T. Senk didn't sell their stock, today they would have:
Extra URBN20,000 shares worth $348.60K.
This is -34% and $179.60K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Glen T. Senk.

URBN

$536.80K

URBN at $26.84/share

Aug 23, 2011

Sale

URBN

38,438 shares

URBN

Feb 22, 2011

Received

Compensation History

See how much did Glen T. Senk make over time.

Glen Senk's compensation package varied greatly throughout his time as CEO of Urban Outfitters. In 2009, he earned about $3.2 million, which included salary and bonuses based on performance targets. However, by 2011, his earnings dropped dramatically, with performance metrics affecting his eligibility for bonuses and stock grants. In 2012, due to unmet revenue and profit goals, he received no reported compensation at all. This stark drop shows how tied executive pay can be to company performance. His compensation strategy was aimed at attracting and retaining top talent while ensuring the CEO's interests aligned with shareholders, but it also meant that failure to hit targets could lead to significant income loss, emphasizing the high stakes in corporate leadership. Overall, his time in the role was defined by variability in earnings based on the company's financial health.

Year

2012

Total Compensation

$0.00

Salary

$0.00

Board Justification

The compensation program is designed to attract, retain, and motivate executive and key employee talent in support of its primary objective of building compelling brands that connect with the customer on an emotional level.

Bonus

$0.00

Board Justification

The performance criteria were based on three incremental levels (i.e. “Plan” level, “Goal” level, and “Stretch” level). As revenue and profitability did not meet the required levels, he received no bonus (against a maximum potential of $500,000).

Other

$0.00

Board Justification

No other compensation was reported for Glen T. Senk in 2012.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were reported as vested for Glen T. Senk in 2012.

Performance Metrics

The performance metrics for Glen T. Senk were based on revenue and operating profit goals for the Company and the Urban Outfitters Brand.

Other Urban Outfitters CEOs

Here are other CEOs of Urban Outfitters

Richard A. Hayne

Founder and CEO of Urban Outfitters

January 2012 - Present