Sandra B. Cochran has been leading Cracker Barrel Old Country Store since September 2011. She has had a notable career, previously serving as President and CEO of Books-A-Million, where she spent 16 years. Sandra's experience also includes roles at SunTrust...

Number of Employees

77K

Year

2022

Total Compensation

$5.74M

Salary

$1.18M

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, ensuring a significant portion of pay is at-risk and linked to achieving financial and operational goals.

Bonus

$445.03K

Board Justification

The annual cash incentive bonus is based on the Company's achievement of operating income and strategic performance metrics, resulting in a payout of 89% of target for 2022.

Other

$465.25K

Board Justification

Other compensation includes various benefits and perquisites provided to Ms. Cochran, totaling $465,250 for the year.

Restricted Stock

$3.65M(37.92K RSU)

Board Justification

The stock awards that vested in 2022 were based on previous grants, with a total of 37,915 shares vesting during the year.

Performance Metrics

The performance metrics for determining compensation include operating income and strategic performance metrics.

SEC Filing

From October 6, 2023

Sandra B. Cochran

CEO of Cracker Barrel Old Country Store

C

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1959 - 66 years ago

Is Founder?

No

Current Tenure

13 years 4 months (Sep 2011 - Present)

Previous Experience

Chief Executive Officer of Books-A-Million, Inc.; Executive Vice President and Chief Financial Officer of Cracker Barrel