John Swygert, the CEO of Ollie's Bargain Outlet, took the helm in December 2019 after stepping in as Interim CEO following the unexpected passing of the former leader, Mark Butler. Before becoming CEO, he served as the Executive Vice President...

John Swygert, the CEO of Ollie's Bargain Outlet, took the helm in December 2019 after stepping in as Interim CEO following the unexpected passing of the former leader, Mark Butler. Before becoming CEO, he served as the Executive Vice President and COO and has been with the company since 2004, initially joining as CFO. His experience spans almost two decades in driving Ollie's financial strategy and operations. In 2023, his total compensation reached $5.35 million, significantly influenced by a strong Adjusted EBITDA performance, where he earned bonuses tied to meeting company targets. Swygert actively trades in Ollie's stock, with transactions reaching values of nearly $4.79 million in 2024 alone, showcasing his confidence in the company’s future. His leadership comes with a well-defined compensation philosophy aimed at attracting and retaining top talent while ensuring alignment with shareholder interests, reflecting a strong commitment to the company’s growth. As a graduate from the finance field, he brings valuable insights into managing the company's direction in a competitive retail environment.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Ollie's Bargain Outlet Holdings, Inc. CEOs

O

John Swygert

CEO of Ollie's Bargain Outlet Holdings, Inc.

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Defensive

Born

June 15, 1969 - 55 years ago

CEO of Ollie's Bargain Outlet Holdings, Inc. for

5 years 3 months (Dec 2019 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer at Ollie's Bargain Outlet Holdings, Inc.; Chief Financial Officer at Ollie's Bargain Outlet Holdings, Inc.

Rivals

Competitors/colleagues of John Swygert

Holdings

See how much did John Swygert make over time.

John Swygert's stock holdings in Ollie's Bargain Outlet have seen notable shifts, with his recent insider trading transactions reflecting a keen interest in the company. In 2024, he engaged in multiple stock trades, reaching values of up to $4.79 million...

John Swygert's stock holdings in Ollie's Bargain Outlet have seen notable shifts, with his recent insider trading transactions reflecting a keen interest in the company. In 2024, he engaged in multiple stock trades, reaching values of up to $4.79 million in July, and consistently trading over $3 million each month. His stock value fluctuates as his confidence in the company’s performance guides his trading strategy. At the start of his tenure as CEO, his wealth in stock was significant, showing a strong personal investment in Ollie's, reflecting the alignment of his interests with those of shareholders. As of mid-2024, his trading activity continues to illustrate his belief in Ollie's potential for growth and profitability within the competitive retail landscape.

Mar 18, 2025

O

shares

OLLI @ $99.06

Total Stock Sold

$53.48M

OLLI

$53.48M

933,389 OLLI shares

What if they kept their stock?

If John Swygert didn't sell their stock, today they would have:
Extra OLLI933,389 shares worth $51.00M.
This is -4.64% and $2.48M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of John Swygert.

OLLI

$5.94M

OLLI at $109.43/share

Dec 10, 2024

Sale

OLLI

$246.10K

OLLI at $102.54/share

Dec 6, 2024

Sale

OLLI

$492.48K

OLLI at $102.60/share

Nov 27, 2024

Sale

OLLI

$413.40K

OLLI at $102.53/share

Nov 25, 2024

Sale

OLLI

$1.27M

OLLI at $86.43/share

Jun 5, 2024

Sale

OLLI

$884.25K

OLLI at $75.22/share

Apr 1, 2024

Sale

OLLI

$412.85K

OLLI at $82.57/share

Feb 23, 2024

Sale

OLLI

$176.19K

OLLI at $75.23/share

Jan 2, 2024

Sale

OLLI

$260.43K

OLLI at $73.38/share

Aug 9, 2023

Sale

OLLI

$7.33K

OLLI at $73.27/share

Aug 7, 2023

Sale

Compensation History

See how much did John Swygert make over time.

In 2023, John Swygert’s total compensation reached $5.35 million, which reflects his pivotal role as CEO of Ollie's Bargain Outlet. His compensation package includes a base salary of approximately $934,615, with additional financial rewards tied to company performance. This year, he earned a bonus of $1.19 million, driven by the company surpassing its Adjusted EBITDA targets, thus earning bonuses of 104.6% of targeted amounts. Swygert also holds vested stock worth over $2 million, indicating a long-term commitment to Ollie's. The compensation structure is designed to align his interests with those of shareholders, enhancing motivation to drive the company toward growth and profitability. His previous years showcase fluctuations in bonuses and stock grants, adapting to the company's performance in the competitive retail market.

Year

2023

Total Compensation

$4.22M

Salary

$934.62K

Board Justification

The compensation program for our NEOs is driven by the need to recruit, develop, motivate, and retain top talent both in the short- and long-term and align the interests of NEOs and stockholders.

Bonus

$1.19M

Board Justification

The annual incentive bonus is based on the salary of the individual, and a sliding scale that is consistent with their position with the Company or as is set out in their respective employment agreements. For Fiscal 2023, our Adjusted EBITDA of $275.2 million was approximately 104.6% of the Target Adjusted EBITDA of $263.0 million, resulting in payouts for our NEOs of 104.6% of their Target Bonus.

Other

$19.01K

Board Justification

Includes automobile allowances, group term life insurance, and 401(k) matching contributions.

Restricted Stock

$2.07M(27 RSU)

Board Justification

RSUs granted to our NEOs in Fiscal 2023 vest ratably at a rate of 25% per year on each annual anniversary date of the grant until fully vested, subject to the NEO providing continued services through the applicable vesting date.

Performance Metrics

The annual incentive bonus is based on the level of Company performance against a target that is approved by the Board on an annual basis, based on a target Adjusted EBITDA.

Other Ollie's Bargain Outlet Holdings, Inc. CEOs

Here are other CEOs of Ollie's Bargain Outlet Holdings, Inc.

Mark Butler

Founder and Ex-CEO of Ollie's Bargain Outlet Holdings, Inc.

June 2013 - December 2019