leadership
confidence high
sentiment neutral
materiality 0.45
Build-A-Bear adjusts 2023 executive comp; CEO gets higher LTI target, others get salary bumps
BUILD-A-BEAR WORKSHOP INC
- CEO Sharon John base salary unchanged at $764,800; additional LTI awarded: 38,182 performance-based and 16,365 time-based RSUs.
- CFO Voin Todorovic base salary raised to $465,500; other NEOs also received increases (Kretchmar $470,800, Hurt $465,600, Fencl $376,100).
- 2023 annual bonus program: CEO target 100% of base salary; other NEOs 50%; payout range 16.25%-130% (profitability) plus 8.75%-70% (revenue), capped at 200%.
- LTI grants for NEOs (excl. CEO) split 50% performance-based and 50% time-based RSUs; performance period fiscal 2023-2025 with 65% profitability / 35% revenue weighting.