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Thomas A. Kingsbury has been leading Burlington Stores, Inc. since December 2008. With decades of experience in retail, he previously held senior roles at large companies like Kohl’s Corporation and The May Department Stores Company. Under his leadership, Burlington has...

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Thomas A. Kingsbury

Ex-CEO of Burlington Stores

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Cyclical

Born

January 1, 1964 - 61 years ago

CEO of Burlington Stores for

10 years 9 months (Dec 2008 - Sep 2019)

Previous Experience

Chairman, President and Chief Executive Officer of Burlington Stores, Inc. since 2008.

Holdings

See how much did Thomas A. Kingsbury make over time.

As of late 2019, Thomas A. Kingsbury's holdings peaked at around $35 million, reflecting strong confidence in Burlington's future. Over the years, his wealth in company shares has seen notable ups and downs, hitting the highest value in September 2019....

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Total Stock Sold

$139.69M

BURL

$139.69M

1,469,072 BURL shares

What if they kept their stock?

If Thomas A. Kingsbury didn't sell their stock, today they would have:
Extra BURL1,469,072 shares worth $259.86M.
This is 86.02% and $120.17M more than what they got when they sold the stock.

Charitable Transactions

BURL

49,000 shares

BURL

Recent Charitable Transactions

BURL

5,000 shares

BURL

Sep 20, 2019

Charity

BURL

5,500 shares

BURL

Dec 3, 2018

Charity

BURL

8,500 shares

BURL

Nov 27, 2017

Charity

BURL

10,000 shares

BURL

Nov 25, 2016

Charity

BURL

10,000 shares

BURL

Dec 8, 2015

Charity

BURL

10,000 shares

BURL

Dec 19, 2014

Charity

Insider Trading

See recent insider trades of Thomas A. Kingsbury.

TSCO

$26.10K

TSCO at $224.97/share

Jan 2, 2023

Received

TSCO

$26.21K

TSCO at $185.88/share

Oct 3, 2022

Received

TSCO

$26.36K

TSCO at $193.85/share

Jul 1, 2022

Received

TSCO

797 shares

TSCO

May 10, 2022

Received

TSCO

$26.14K

TSCO at $233.37/share

Apr 1, 2022

Received

TSCO

$26.25K

TSCO at $238.60/share

Jan 3, 2022

Received

TSCO

806 shares

TSCO

May 5, 2021

Received

TSCO

1,350 shares

TSCO

May 7, 2020

Received

BURL

$5.79M

BURL at $231.68/share

Jan 10, 2020

Sale

BURL

$5.60M

BURL at $223.97/share

Dec 12, 2019

Sale

Compensation History

See how much did Thomas A. Kingsbury make over time.

In 2019, Thomas A. Kingsbury earned a total of about $9.6 million, combining his base salary, stock options, and other benefits. His salary was around $1.38 million, with a significant portion from vested stocks worth over $33 million. Interestingly, Kingsbury did not receive cash bonuses in 2019, unlike many executives, which highlights a focus on long-term performance rather than short-term gains. This compensation structure aligns his interests closely with shareholders, reflecting a strategy aimed at sustained growth. His pay package is designed to attract talent while ensuring that performance metrics drive compensation, which has been a part of Burlington's philosophy since he took the helm.

Year

2019

Total Compensation

$34.88M

Salary

$1.38M

Board Justification

The compensation philosophy aims to attract and retain high-caliber executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$0.00

Board Justification

No bonuses were paid to Named Executive Officers, except for Mr. Kingsbury who will receive a payout under the Annual Incentive Plan based on the formulaic payout.

Other

$45.38K

Board Justification

Other compensation includes various benefits such as car allowance and insurance premiums.

Restricted Stock

$33.45M(188.24K RSU)

Board Justification

Restricted stock that vested in 2019, based on continued employment and performance metrics.

Performance Metrics

The performance metrics for determining compensation included Adjusted Net Income Per Share and Comparable Store Sales Percentage.

Other Burlington Stores CEOs

Here are other CEOs of Burlington Stores