Lauren R. Hobart has been the CEO of Dick's Sporting Goods since February 1, 2021, after a notable career in marketing. Before stepping up as CEO, she held various roles at the company, including President and Chief Customer & Digital...

Lauren R. Hobart has been the CEO of Dick's Sporting Goods since February 1, 2021, after a notable career in marketing. Before stepping up as CEO, she held various roles at the company, including President and Chief Customer & Digital Officer. Lauren has a rich background that includes 14 years at PepsiCo, where she was Chief Marketing Officer for its U.S. carbonated soft drink portfolio. This marketing experience surely shaped how she leads Dick's Sporting Goods today. Under her leadership, the company’s stock sees significant fluctuation, reflecting both growth and challenges in the retail sector. For example, her insider trading activities show her confidence in the company's future, peaking with a holding value of over $35 million in early 2021. Interestingly, despite her high-profile position, Lauren has generally avoided cash bonuses, with her total compensation for 2023 reaching just over $1.3 million, which includes substantial stock vesting that proved lucrative. Her approach to executive compensation ties closely to company performance, ensuring alignment with shareholder interests. Lauren also serves on the board of Yum! Brands, demonstrating her influence in the corporate world beyond just Dick's Sporting Goods.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Dick's Sporting Goods CEOs

D

Lauren R. Hobart

CEO of Dick's Sporting Goods

Education

N/A

Field of Expertise

Sales & Marketing - Marketing

Sector of Economy

Consumer Cyclical

Born

January 1, 1968 - 57 years ago

CEO of Dick's Sporting Goods for

4 years 2 months (Feb 2021 - Present)

Previous Experience

President of Dick's Sporting Goods, Inc.; Senior Vice President, Chief Marketing Officer; Executive Vice President, Chief Marketing Officer; Executive Vice President, Chief Customer & Digital Officer; 14 years at PepsiCo, Inc.

Rivals

Competitors/colleagues of Lauren R. Hobart

C

Darren M. Rebelez

CEO of Casey's General Stores

2023 Compensation

Stock

$0.00

Salary

$900.00K

Bonus

$2.83M

Other

$0.00

Total Holdings

$35.69M

A

Steven (Steve) P. Lawrence

CEO of Academy Sports and Outdoors

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$148.89K

Other

$29.51K

Total Holdings

$6.71M

B

Michael O'Sullivan

CEO of Burlington Stores

2023 Compensation

Stock

$0.00

Salary

$1.46M

Bonus

$0.00

Other

$15.12K

Total Holdings

$86.80M

Holdings

See how much did Lauren R. Hobart make over time.

Lauren R. Hobart's insider trading history showcases significant fluctuations in her holdings over time, reflecting her confidence in Dick's Sporting Goods. In early 2021, her holdings were valued at a peak of $35 million, highlighting a strong belief in the...

Lauren R. Hobart's insider trading history showcases significant fluctuations in her holdings over time, reflecting her confidence in Dick's Sporting Goods. In early 2021, her holdings were valued at a peak of $35 million, highlighting a strong belief in the company's performance. Since then, her holdings have seen ups and downs, with values varying from approximately $22 million to about $30 million at various points. As of late 2023, her holdings are now around $29 million, showing a turbulent yet promising path for the company's stock amidst overall market challenges. Her trading history indicates she remains heavily invested in the company, aligning her interests closely with those of the shareholders.

Total Stock Sold

$61.35M

DKS

$61.35M

463,289 DKS shares

What if they kept their stock?

If Lauren R. Hobart didn't sell their stock, today they would have:
Extra DKS463,289 shares worth $11.78M.
This is -80.8% and $49.57M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Lauren R. Hobart.

MAR

837 shares

MAR

May 13, 2024

Received

DKS

17,757 shares

DKS

Apr 3, 2024

Received

DKS

$30.51M

DKS at $219.47/share

Mar 20, 2024

Sale

DKS

27,130 shares

DKS

Mar 12, 2024

Received

MAR

1,143 shares

MAR

May 16, 2023

Received

DKS

24,632 shares

DKS

Apr 3, 2023

Received

DKS

24,675 shares

DKS

Mar 21, 2023

Received

DKS

$12.11M

DKS at $145.21/share

Mar 13, 2023

Sale

DKS

$7.05M

DKS at $110.00/share

Aug 24, 2022

Sale

DKS

24,675 shares

DKS

Apr 3, 2022

Received

Compensation History

See how much did Lauren R. Hobart make over time.

In 2023, Lauren R. Hobart's total compensation as CEO of Dick's Sporting Goods reached $1,360,523. This figure includes a base salary of $1,305,769, no cash bonuses, and stock that vested valued at $10,665,347. Her strategy avoids cash bonuses, focusing instead on long-term performance metrics. This philosophy ensures that her and the company’s goals stay aligned with those of the shareholders, which is crucial in today’s retail landscape. In contrast, her compensation in previous years saw peaks due to stock awards, with a notable total of about $9.57 million in 2021, highlighting a performance-based compensation structure that reacts to the company’s success. Additionally, her involvement in board decisions and corporate governance reflects her significant role beyond just the numbers, aligning with the company’s vision for growth.

Year

2023

Total Compensation

$12.01M

Salary

$1.31M

Board Justification

The compensation philosophy is designed to align executive pay with Company performance, ensuring competitive pay while linking a significant portion of compensation to performance metrics.

Bonus

$0.00

Board Justification

No cash bonus was awarded for the year 2023.

Other

$34.05K

Board Justification

Other compensation includes $18,808 in matching contributions to the Company’s 401(k) plan, $7,955 for a business-related flight on company aircraft, $5,735 for an annual executive physical, and $1,556 in nominal gifts provided by the Company.

Restricted Stock

$10.67M(74.96K Restricted Stock)

Board Justification

74,955 shares of restricted stock vested in 2023, valued at $10,665,347.

Performance Metrics

Performance metrics for 2023 included Adjusted Non-GAAP EBT and Adjusted Net Sales.

Other Dick's Sporting Goods CEOs

Here are other CEOs of Dick's Sporting Goods

Edward W. Stack

Founder and Ex-CEO of Dick's Sporting Goods

January 2003 - January 2021