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Companies EXP OldCo Winddown

EXP OldCo Winddown (EXPR): executive pay, fiscal 2023

Free brief. Every figure links to the company’s own filing.

EXP OldCo Winddown no longer files a proxy statement; its last pay data is FY2023.

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CEO total pay$1,996,868CEO Stewart Glendinning · source
Say-on-pay support74.05%Latest vote · source

CEO pay, last three years

  • $1,996,868FY2023

CEO total pay was $1,996,868 in fiscal 2023; the brief holds no earlier figure for this CEO.

FY2023: salary $524,423 · bonus $1,000,000 · stock awards $471,735 · option awards $0

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Timothy Baxter$851,538$1,677,359$0$0$0$0$544,689$3,073,586
Former Chief Executive Officer 6
Stewart Glendinning524,4231,000,000471,7350007101,996,868
Chief Executive Officer
Malissa Akay346,154359,4340000550,4861,256,074
Former Executive Vice President and Chief Merchandising Officer 6
Matthew Moellering228,846872,019000015,9961,116,861
Former President and Chief Operating Officer 6
Sara Tervo642,115279,560000019,925941,600
Executive Vice President and Chief Marketing Officer
Mark Still375,096179,874000015,581570,551
Senior Vice President, Interim Chief Financial Officer and Treasurer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
Timothy Baxter$3,073,586$7,717,586$6,951,730↓ −4,644,000
Stewart Glendinning1,996,868———
Malissa Akay1,256,0742,157,2632,607,275↓ −901,189
Matthew Moellering1,116,8613,899,0843,826,642↓ −2,782,223
Sara Tervo941,6001,730,3392,134,355↓ −788,739
Mark Still570,551———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

No outstanding equity awards are on file for this fiscal year.

Director compensation

No director compensation table is on file for fiscal year 2023.

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$130,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000 / 20,000
Stock ownership guideline5x annual cash retainer
Peer group, and who names EXP OldCo Winddown as a peer

Companies that benchmark against EXPR

1 company names EXPR as a compensation peer

Each company listed discloses EXPR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named EXPR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1EXP OldCo Winddown2023Stewart Glendinning$524,423$471,735$0$0$1,996,868

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-06-0724,441,0928,065,474501,50674.05%Passed
20222022-06-0829,328,3403,128,734353,23489.39%Passed
20212021-06-0928,946,896504,120125,27997.87%Passed
20202020-06-1049,902,9902,498,8831,914,22391.88%Passed
20192019-06-1250,776,107743,954944,20096.78%Passed
20182018-06-1361,741,8684,025,21946,07893.81%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20232023-06-0774.05%a
20222022-06-0889.39%b
20212021-06-0997.87%c

a. Approved under the standard stated in the filing — “The affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote thereon at the Annual Meeting”.

b. Approved under the standard stated in the filing — “The affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote at the Annual Meeting”.

c. Approved under the standard stated in the filing — “The affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote at the Annual Meeting”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (11 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Timothy Baxter. DEF 14A, filed 2024-12-31. Section “Executive Compensation”. As printed: 3,073,586. View filing ↗
  • Section 01, Stewart Glendinning. DEF 14A, filed 2024-12-31. Section “Executive Compensation”. As printed: 1,996,868. View filing ↗
  • Section 01, Malissa Akay. DEF 14A, filed 2024-12-31. Section “Executive Compensation”. As printed: 1,256,074. View filing ↗
  • Section 01, Matthew Moellering. DEF 14A, filed 2024-12-31. Section “Executive Compensation”. As printed: 1,116,861. View filing ↗
  • Section 01, Sara Tervo. DEF 14A, filed 2024-12-31. Section “Executive Compensation”. As printed: 941,600. View filing ↗
  • Section 01, Mark Still. DEF 14A, filed 2024-12-31. Section “Executive Compensation”. As printed: 570,551. View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-06-08. Item 5.07 · say-on-pay result. As reported: 74.05% (votes for as printed: 24,441,092). View filing ↗
  • Section 06, 2022 vote. Form 8-K, filed 2022-06-09. Item 5.07 · say-on-pay result. As reported: 89.39% (votes for as printed: 29,328,340). View filing ↗
  • Section 06, 2021 vote. Form 8-K, filed 2021-06-14. Item 5.07 · say-on-pay result. As reported: 97.87% (votes for as printed: 28,946,896). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • EXP OldCo Winddown (subject), Section 10b CEO total. DEF 14A, filed 2024-12-31. CEO total compensation as printed in EXP OldCo Winddown's own proxy. As printed: 1,996,868. View filing ↗