Michael O'Sullivan is the CEO of Burlington Stores, which he joined in September 2019. Before Burlington, he worked for Ross Stores for 16 years, where he climbed to the role of President and COO. His background includes consulting at Bain...
Michael O'Sullivan is the CEO of Burlington Stores, which he joined in September 2019. Before Burlington, he worked for Ross Stores for 16 years, where he climbed to the role of President and COO. His background includes consulting at Bain & Company, where he advised various companies in retail and finance. One of the interesting things about his leadership is that since taking over at Burlington, he emphasized performance metrics based on Adjusted EBIT, which really measures how much profit the company makes before certain costs. In 2023, his total compensation reached about $13.9 million, which included a $1.5 million salary and options worth $2.5 million. This shows that he has a strong incentive to drive the company's performance. O'Sullivan is known for focusing on increasing profitability and expanding the retail footprint through strategic growth. Under his guidance, the company has opened several new stores. His journey from consultant to CEO in retail is a clear testament to his understanding of this fast-paced industry.