How Hobart was paid
$15.1M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Lauren R. HobartPresident & Chief Executive Officer | $1,393,269 | $11,000,166 | $2,438,221 | $200,000 | $71,889 | $15,103,545 |
| Navdeep GuptaExecutive Vice President — Chief Financial Officer | $814,904 | $3,000,213 | $968,149 | $185,990 | $24,065 | $4,993,321 |
| Edward W. StackExecutive Chairman | $1,379,808 | $20,000,436 | $2,897,597 | $200,000 | $78,826 | $24,556,667 |
| Raymond A. SlivaExecutive Vice President — Stores | $742,631 | $2,750,134 | $719,232 | — | $24,089 | $4,236,086 |
| Vlad RakExecutive Vice President — Chief Technology Officer | $720,995 | $2,500,055 | $697,598 | $40,000 | $17,637 | $3,976,285 |
What changed and why
- $15.1M$15.1M CEO total compensation in 2025, up from $12.9M in 2024.
- $11.0M$11.0M CEO stock awards were the largest component of 2025 compensation.
- 200%200% maximum payouts apply to the short-term incentive, performance unit, and long-term incentive programs.
- 106.2%106.2% of target performance shares will vest for the 2025 annual performance units.
- $11,259$11,259 median teammate compensation produced a 1,341-to-1 CEO pay ratio.
- Foot Locker employees were excluded from the 2025 pay-ratio population.
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.