How Seipel was paid
$1.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Kenneth D. SeipelChairman and Chief Executive Officer | $788,736 | $1,120,000 | $3,576 | — | $1,912,312 |
| Heather PlutinoExecutive Vice President and Chief Financial Officer | $488,337 | $631,064 | $350,000 | $11,742 | $1,481,143 |
| Lisa A. PowellExecutive Vice President and Chief Merchandising Officer | $492,595 | $631,064 | $350,000 | $13,423 | $1,487,082 |
| Katrina GeorgeVice President, Human Resources | $313,875 | $361,103 | $175,000 | $3,303 | $853,281 |
| Kyle KoenigVice President, Stores & Real Estate | $295,579 | $361,103 | $175,000 | $5,927 | $837,609 |
What changed and why
- $1.912M$1.912M was CEO Seipel’s total compensation in fiscal 2025, versus $6.056M in fiscal 2024.
- $1.120M$1.120M of CEO pay represented stock awards, although he received no new equity awards during fiscal 2025.
- $3,576$3,576 was CEO non-equity incentive compensation earned for fiscal 2025.
- $350K$350,000 was the annual cash incentive payout for each of Plutino and Powell.
- Adjusted EBITDA ex.
- B&E determined performance-based RSU vesting for fiscal 2025 grants.
- 90%90% of votes cast supported say-on-pay at the 2025 annual meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.