Jack Sinclair has been at the helm of Sprouts Farmers Market since June 2019, guiding the company through significant growth and changes. Under his leadership, Sprouts has focused on fresh, healthy foods and sustainability in the grocery sector. Before joining...

Number of Employees

31K

Year

2023

Total Compensation

$9.63M

Salary

$1.19M

Board Justification

The compensation philosophy aligns with company performance, focusing on attracting and retaining talent while rewarding for performance that drives stockholder value.

Bonus

$0.00

Board Justification

No bonus was paid in 2023 as the performance conditions were not met for the performance shares granted in 2021.

Other

$2.01M

Board Justification

Other compensation includes health and life insurance premiums, contributions to retirement plans, and other benefits.

Restricted Stock

$6.42M(191.75K RSU)

Board Justification

The stock awards that vested in 2023 were primarily from performance shares and RSUs granted in previous years, with a total of 191,749 shares vesting based on performance metrics achieved.

Performance Metrics

The performance metrics for determining compensation included Plan EBIT and comparable store sales growth.

SEC Filing

From April 5, 2024

Jack Sinclair

CEO of Sprouts Farmers Market

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Education

Not specified

Field of Expertise

- Not Specified

Born

January 1, 1961 - 64 years ago

Is Founder?

No

Current Tenure

5 years 5 months (Aug 2019 - Present)

Previous Experience

Not specified