Jim Nielsen is the former President and Chief Operating Officer of Sprouts Farmers Market, a popular grocery chain focused on healthy and organic food. Born in 1974, Jim led the company through a transformative period from 2018 to 2019. During...

Number of Employees

31K

Year

2019

Total Compensation

$2.60M

Salary

$714.52K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain executives while aligning their interests with those of the stockholders through performance-based incentives.

Bonus

$320.00K

Board Justification

Mr. Nielsen's 2019 annual bonus was fixed at $320,000 if his employment was not terminated for cause prior to the bonus payment date.

Other

$169.35K

Board Justification

This includes health and life insurance premiums paid on behalf of Mr. Nielsen and additional compensation related to his role as Interim Co-CEO.

Restricted Stock

$1.39M(1.39M RSU)

Board Justification

The stock awards that vested in 2019 include performance shares and RSUs granted in previous years that met the vesting conditions.

Performance Metrics

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

SEC Filing

From March 16, 2020

Jim Nielsen

Ex-CEO of Sprouts Farmers Market

JN

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1974 - 51 years ago

Is Founder?

No

Tenure

0 years 7 months (Dec 2018 - Aug 2019)

Previous Experience

Served as President of Henry's Farmers Markets.